Lenovo officially announces 2.9 billion dollar takeover of Motorola Mobile

Source: Internet
Author: User
Keywords Lenovo Motorola announces moves pairs
Tags apple company group lenovo lenovo group mobile motorola motorola mobile
Absrtact: October 30, Lenovo Group announced that the company's acquisition of Motorola Mobility has been approved by governments, Motorola Mobile officially become Lenovo Group's assets. Lenovo Group will become the world's third smartphone maker, after Samsung and Apple October 30, Lenovo Group announced that the company's acquisition of Motorola Mobility has been approved by governments, Motorola Mobile officially become Lenovo Group's assets.

Lenovo will become the world's third-largest smartphone maker after Samsung and Apple.

At the beginning of this year, Lenovo announced that it would buy Motorola Mobile at $2.9 billion trillion from Google, with nearly 10 months of scrutiny and finally announcing the completion of the acquisition today. It is reported that Lenovo completed the acquisition, the motorcycle's 3,500 employees, holding 2000 patents and Motorola Mobile brand and trademark combination, by Liu June control.

Sources said that Google through the transaction to obtain 2.91 billion U.S. dollars, initially only to obtain 660 million U.S. dollars in cash, 750 million dollar Lenovo Group shares, the remaining 1.5 billion U.S. dollars will be paid in three-year promissory notes. (Ye Fengtao)

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