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Motorola Mobility Holdings

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Motorola Mobility (often known as Motorola) is a Chinese-American consumer electronics and telecommunications company founded on January 4, 2011 from a split by Motorola, owned by Lenovo and based in Chicago, Illinois. From the split, Motorola Mobility took on the companys consumer-oriented product lines, including its mobile phone business and its cable modems and set-top boxes for digital cable and satellite television services, while Motorola Solutions retained the companys enterprise-oriented product lines. The company primarily manufactures smartphones and other mobile devices running the Android operating system developed by Google; in August 2011, only several months after the split, Google acquired Motorola Mobility for US$12.5 billion. Googles stated intent for the purchase was to gain control of Motorola Mobilitys portfolio of patents, so it could adequately protect other Android vendors from lawsuits. The deal closed in May 2012, after which it also sold its cable modem and set-top box business to Arris Group. Under Google ownership, Motorola Mobility increased its focus on the entry-level smartphone market, introduced one of the first Android Wear smartwatches, and also began development on Project Ara, a platform for modular smartphones with interchangeable components. Googles ownership of the company would be short-lived, as it announced in January 2014 that it would sell most of Motorola Mobility to Chinese technology Lenovo for $2.91 billion. The sale, which excluded all but 2000 of Motorolas patents and ATAP, its team-based division who worked on Ara, was completed on October 30, 2014. Lenovo disclosed an intent to use Motorola Mobility as a way to expand into the United States smartphone market.

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