Lenovo CEO: We tried to buy Motorola in 2011, but got the wrong guy– Moto Solutions Greg Brown

Last week Lenovo finally bought Motorola. It was a deal the Chinese company wanted to do for years.

After getting back to China, Lenovo CEO Yuanqing Yang revealed more details about how the purchase went down during press conference earlier today.

He said that Lenovo wanted to buy Motorola’s mobile business way back in 2011, after company was split into two units – Motorola Mobility and Motorola Solutions. Mr. Yang and Lenovo CFO Wong Wai Ming flew to United States, went to Motorola headquarters and asked to talk to the CEO. Unfortunately, they’ve asked for the wrong guy – Motorola Solutions CEO Greg Brown, instead of Moto Mobility’s CEO – Sanjay Jha. Since Brown had nothing to do with mobile, Lenovo team only met with some of his staffers, exchanged some platitudes and  were kept in the dark about the pending Google deal.

Lenovo Motorola Page Yang

After  Lenovo CEO learned about $12.5 billion offer to buy Motorola, he invited Google’s Chairman Erick Schmidt to his house for dinner to discuss possible cooperation.  Yang introduced some company products, and told Schmidt that if Google ever decided to sell Motorola, Lenovo will be happy to buy it. Two months ago he got an e-mail from Eric Schmidt, called him back and heard a question: “ Are you still interested in Motorola?”.  

The deal still has to get regulatory approvals, but given what a small player in smartphones Motorola is today, that should not be a problem.

Lenovo CEO also told the press that he is happy with current Motorola product portfolio, and will keep all three main lines – Moto X, Moto G and Droid Ultra.

Source: Sina Tech

Author: Stasys Bielinis

While I like to play with the latest gadgets, I am even more interested in broad technology trends. With mobile now taking over the world - following the latest technology news, looking for insights, sharing and discussing them with passionate audience - it's hard to imagine a better place for me to be. You can find me on Twitter as @UVStaska'

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  • http://AndroidAuthority.com/ Bogdan Petrovan

    I find this a bit hard to believe.

  • http://www.staska.net Staska

    I agree it sounds weird. But Sina Tech is a pretty reliable source for China, especially for when they write things in their own name.

    Plus they do quote Lenovo CEO, and the rest of their account about the deal expands very plausibly on Fortune and other interviews Yang did last week.