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Motorola Mobility LLC, marketing as Motorola, is an American consumer electronics manufacturer primarily producing smartphones and other mobile devices running Android. Headquartered at Merchandise Mart in Chicago, Illinois, it is a wholly owned subsidiary of the Chinese technology company Lenovo. [4] [5] [6]
On January 29, 2014, Google announced that it would divest Motorola Mobility to Lenovo for $2.91 billion, a fraction of the original $12.5 billion price paid by Google to acquire the company. Google retained all but 2000 of Motorola's patents and entered into cross-licensing deals. [348]
Motorola Solutions, Inc. is an American technology, communications, and security company, headquartered in Chicago, Illinois. [2] It is the legal successor of Motorola, Inc., following the spinoff of the mobile phone division into Motorola Mobility in 2011.
Last year's acquisition of Motorola Mobility, for $40 a share, totaling a cool $12.5 billion, was a watershed moment for Google . Ostensibly, Google's largest acquisition to date was
Domestic gadget maker Motorola Mobility (NYS: MMI) is set to report earnings tomorrow, even as its pending acquisition by search giant Google (NAS: GOOG) continues to chug along awaiting the final ...
Motorola was founded in Chicago, Illinois, as Galvin Manufacturing Corporation (at 847 West Harrison Street) [9] in 1928.. Paul Galvin wanted a brand name for Galvin Manufacturing Corporation's new car radio, and created the name "Motorola" by linking "motor" (from motor car) with "ola" (from Victrola), which was also a popular ending for many companies at the time, e.g. Moviola, Crayola. [10]
Lenovo plus Motorola was the 3rd largest producer of smartphones by volume in the world between 2011 and 2014. [133] Since Lenovo's acquisition of Motorola Mobility, the combined global market share of Lenovo plus Motorola has fallen from 7.2% in 2014 to 3.9% in the third quarter of 2016.
The company essentially took over Motorola's enterprise division; it was far larger than the pre-merger division. [16] Symbol remained part of Motorola Solutions , the legal successor to the old Motorola, after the company spun off its mobile phone division as Motorola Mobility .