When a big company buys another, it’s generally for a reason, and when Google snatched Motorola from the grips of death, that was patents. Now, Lenovo is flexing some monetary muscle with a similar purchase of its own.
“The acquisition of such an iconic brand, innovative product portfolio and incredibly talented global team will immediately make Lenovo a strong global competitor in smartphones,” said Yang Yuanqing, CEO of Lenovo.
“We are confident that we can bring together the best of both companies to deliver products customers will love and a strong, growing business. Lenovo has a proven track record of successfully embracing and strengthening great brands – as we did with IBM’s Think brand – and smoothly and efficiently integrating companies around-the-world.
“I am confident we will be successful with this process, and that our companies will not only maintain our current momentum in the market, but also build a strong foundation for the future.”
Lenovo has been producing smartphones for a number of years now, but as such, hasn’t seen any of its handsets released in Australia.
Android tablets seem to be no problem for the company to release, though, and Lenovo has made some of those available locally, but with the purchase of Motorola, we might finally see some Lenovo devices make their way out to stores in Australia, or even a return of Motorola’s phones in Australia, which have mostly gone missing in action since the last RAZR handsets were released locally in 2012.