Sunday, 24 September 2017

Lenovo closes $2.91bn Moto acquisition

By Mary Lennighan, Total Telecom
Thursday 30 October 14

Chinese vendor insists it can replicate its PC growth in the smartphone market.

Lenovo on Thursday announced the completion of its US$2.91 billion acquisition of Motorola from Google, a deal that creates the world's third largest smartphone maker. Speaking on a conference call with the press, Lenovo CEO Yang Yuanqing said he is confident that a merged Lenovo/Motorola will create a stronger competitor in the smartphone space…

Lenovo on Thursday announced the completion of its US$2.91 billion acquisition of Motorola from Google, a deal that creates the world's third largest smartphone maker. Speaking on a conference call with the press, Lenovo CEO Yang Yuanqing said he is confident that a merged Lenovo/Motorola will create a stronger competitor in the smartphone space…

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