WTF!Lenovo to buy Motorola business for $2 billion???

dipont

Lenovo Group Ltd is likely to buy Google Inc’s Motorola Mobility business, giving the Chinese company a bigger say in the global tablet and smartphone market.
The acquisition, worth at least $2 billion, will include more than 10,000 mobile communications patents currently held by the United States company, according to a person familiar with the matter.
The deal is expected to be announced on Thursday morning in Beijing.
Lenovo refused to comment, only saying the announcement is about a “major acquisition.”
The world’s largest personal computer maker is speeding its pace challenging Apple Inc and Samsung Electronics Co in the global consumer electronics sector.
Yang Yuanqing, chairman and CEO of Lenovo, said the company’s tablets and smartphones will be entering the US and western European markets by 2015. The region is dominated by Apple and Samsung.
Motorola Mobility was a money-loss subsidiary for Google. The segment reported a $248 million operating loss during the third quarter of 2013, according to Google’s financial report.
Google acquired Motorola Mobility in 2011, spending about $12.5 billion.
Lenovo said a week ago it will buy IBM Corp’s x86 server unit for $2.3 billion, if the US government approves the acquisition, it will be the largest deal involving a Chinese tech company.

catbear

goog 花12.5B买的。 玩了几年， 再2B卖掉。

dipont

土豪也不是这么用钱的吧！

dipont

【联想收购摩托罗拉移动】大年三十, 联想给中国的年夜饭又添一道大菜, 以29亿美元从谷歌收购摩托。其3500名员工，2000项专利，品牌和商标，和全球50多家运营商的合作关系都归入联想移动业务集团，由刘军执掌。加上之前宣布以23亿美元收购IBM x86服务器, 联想为蛇年画上完美句号 http://t.cn/8Fxnkwj

Elephant

应该说GOOG亏了,股票要跌一点来表达.

盘后还涨了$30,那就是说甩掉包袱了,10B不算钱.NND,那零头给我也花不了啊.

jamesmith

hmm, capital allocation is hard, this is a good example of unprofitable growth.
Another good example is HP, the amount of money they spend on acquisition is almost more than their current market cap. what a waste of shareholder money.

temujin

Google made profit according to this article: http://www.forbes.com/sites/jean ... s/?partner=yahootix