Earlier this year, it was announced that Lenovo would be buying over Motorola Mobility from Google. It was a surprising move given that Google had only acquired Motorola Mobility a few years ago, but we suppose the deal was too good to pass up. That being said, it looks like the deal has officially closed.
This was announced by Lenovo’s CEO Yang Yuanqing in statement in which he confirmed that the Lenovo had successfully and officially acquired Motorola Mobility. According to Yang, “Today we achieved a historic milestone for Lenovo and for Motorola – and together we are ready to compete, grow and win in the global smartphone market.”
He also adds, “By building a strong number three and a credible challenger to the top two in smartphones, we will give the market something it has needed: choice, competition and a new spark of innovation.”
It is unclear if Lenovo will be letting Motorola continue to operate itself and churn out smartphones, or if the company plans on bringing Motorola into the fold and using their experience and technology to help improve upon Lenovo’s products. However what we do know is that a Motorola tablet will be built, at least according to earlier reports, so that’s something to look forward to.