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Lenovo: Motorola Acquisition 'Did Not Meet Expectations' (theverge.com)

Posted by msmash on from the when-the-going-gets-tough dept.

Lenovo acquired Motorola from Google in 2014. Since then, the Chinese technology conglomerate has been trying to merge Motorola's offering into its large portfolio. But things aren't going as planned. Lenovo on Thursday announced that the "integration efforts did not meet expectations". The company, however, insists that it has drawn many lessons from the experience since the close of the Motorola acquisition, and it is making changes to them quickly.

It's not the best time in the market if you're an Android smartphone maker. There's an increasingly growing competition especially from companies such as Xiaomi, Meizu, Micromax, Yu and others that are making premium smartphones with a razor-thin margin. Any unique feature a smartphone maker introduces is seen replicated in others' offerings within weeks.

3 of 62 comments (clear)

  1. What it Really means by sycodon · · Score: 4, Insightful

    We've completed sucking all the IP out of Motorola and are ready to ditch it by one means or another.

    --
    When Fascism comes to America, it will call itself Anti-Fascism, and tell you to give up your guns.
    1. Re:What it Really means by ColdWetDog · · Score: 1, Insightful

      Ah yes, Merger and Acquisitions. Seems to work out well for the Wall Street types. For everybody else, not so much.

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      Faster! Faster! Faster would be better!
    2. Re:What it Really means by ShanghaiBill · · Score: 4, Insightful

      Ah yes, Merger and Acquisitions. Seems to work out well for the Wall Street types. For everybody else, not so much.

      Indeed. Roughly 80% of M&A's fail, and lose value for shareholders. But every CEO is sure his deal will be one of the 20%.