Google is selling the Motorola mobile business and Lenovo is quick to grab the deal. The Chinese company must be doing so well that it has the guts to spend and hope that Motorola will do better.
Lenovo CEO is positive about Motorola’s future. After all, it will be a mistake to proceed with the acquisition.
Lenovo CEO Yang Yuanqing shared that Motorola’s success in Europe and Lenovo’s command in Asia, when combined will make a super brand.
Lenovo is spending $2.91 billion on Motorola. That’s a significant amount I’m sure Lenovo has taught about this big decision carefully. If Google wasn’t able to make money with Motorola, how can Lenovo do it? That’s something to look forward to. We’ll see.