Motorola
Original Headquarters: Schaumburg, Illinois
Purchased By: Lenovo
Country: China
Motorola may be most known for its technology, but it was formed in 1928, before mobile phones were even a thought. After slowly increasing over the years, the company earned popularity with its flip phones and other products until being acquired to Google, who later sold it to Chinese manufacturer Lenovo in 2014. Google did not profit on the sale, as they purchased Motorola for $12.5 billion in 2012 before selling it for only $2.9 billion two years later. No one really understands the maneuver or why Google was so willing to take a $10 billion loss.
Motorola
IBM (PC Division)
Original Headquarters: Armonk, New York
Purchased By: Lenovo
Country: China
IBM has been helping America stay on top of technology since 1911, albeit it was more concerned with business machines than computers at the time. The company has an intriguing and lengthy history, not least since the PC segment was sold to Lenovo in 2004 for $1.75 billion. “As Lenovo’s founder, I am excited by this breakthrough in Lenovo’s journey towards becoming an international company,” remarked Chuanzhi Liu, the CEO at the time. On the other hand, IBM CEO Sam Palmisano stated, “Today’s announcement strengthens IBM’s ability to seize the highest-value opportunities in a rapidly changing information technology industry.”
IBM (PC Division)
