Nov, 2014 : Lenovo Closes $2.91 Billion Acquisition of Motorola
📅 - Lenovo officially closed its $2.91 billion deal of Motorola from Google last week, bringing another 3,500 employees to its company.
“Lenovo has a clear strategy, great global scale, and proven operational excellence,” said Lenovo chairman and CEO Yang Yuanqing. “Motorola brings a strong presence in the U.S. and other mature markets, great carrier relationships, an iconic brand, a strong IP portfolio and an incredibly talented team. This is a winning combination.”
According to USA Today, the deal gives Lenovo all of Motoroloa's smartphones, including the popular Moto X, G, and E. The company noted that with the finalization of this deal, it wold become the world's third best selling smartphone maker.
Lenovo will pay $660 million in cash, 519 million Lenovo shares, and a $1.5 billion promissory note.
Reads: 1087 | Category: General | Source: TheHN : The Hosting News
Want to add a website news or press release ? Just do it, it's free! Use add web hosting news!
Other news
📅 - JotForm Announces a Design Contest for Web Forms - JotForm, a popular online form builder with over 1.5 million users, is launching the Web Form Design Awards, a contest recognizing the best form designs. All submissions must use the company's recently launched Form Designer feature, which takes the time and hassle out of creating a beautifully designed form. Entries will be accepted from Tuesday, Nov. 4 through Thursday, Dec. 4., with the top prize receiving $7,500.
JotForm Founder, Aytekin Tank, said he was so impressed by what users were creating that he felt a contest was the best way to showcase the full capabilities of the new feature.
“After seeing the amazing forms our users were creating with our new Form Designer, it made us hung
📅 - Colocation Provider DataSite and RedLine Performance Solutions Partner for HPC and SC ‘14 - DataSite, a wholesale colocation provider with data centers in Orlando, Atlanta and Boise, and RedLine Performance Solutions (formerly EBI, LLC), a technology company specializing in complex systems integration, are excited to announce their new strategic alliance. This alliance will allow for both companies to target High Performance Computing (HPC) opportunities with versatile solutions ranging from custom facility infrastructure to full managed services.
As a wholesale colocation facility owner/operator, DataSite provides mission critical data center facilities built to support the intense high density power and cooling demands of HPC. With HVAC and electrical infrastructure geared towar
📅 - APITools Announces APItools Middleware Contest - With APIs continuing to be an increasingly important tool for developers and businesses of all types and sizes, APItools today announced it is accepting submissions for its APItools Middleware Contest to engage developers in making APIs even more awesome and useful. The contest runs from November 3rd through November 30th and will feature $1500 cash and prizes. As an added bonus, the results of the contest will help increase the amount and types of middleware available to be used by developers. You can register here. More information on contest rules, instructions and code of conduct can be found here.
Contestants are invited to use APItools to submit middleware that can win in three catego
Blue Box, an on-demand private cloud hosting provider based in Seattle, and Vexxhost, a hosting provider based in Montreal, will offer customers the Tesora DBaaS Platform Enterprise Edition so that database capacity can be delivered on demand.
The Tesora DBaaS platform enables customer choice with extensive testing for databases including MongoDB, MySQL, Percona Server, MariaDB, Redis, Couchbase, and Cassandra.
“This represents a breakthrough for open source DBaaS and our enterprise platform with adoption by these hosting provid
📅 - Workplace Answers Utilizes OnRamp Managed Hosting and Private Cloud Services to Grow Business - OnRamp, a leading high security and hybrid hosting provider with data center facilities in Texas and North Carolina, announced today the publication of a new customer case study featuring Workplace Answers. The case study details the reasons why Workplace Answers chose to migrate their collocated environment to Austin, Texas and incorporate the use of OnRamp's managed hosting and private cloud services into the company's existing IT footprint.
Workplace Answers provides industry-specific compliance solutions for enterprise, higher education, and government organizations. Working with over 10 million users and thousands of organizations for over 20 years, Workplace answers delivers award-win
📅 - Steadfast to Attend FIA Expo 2014 - Steadfast, a leading provider of private and public cloud hosting, colocation, disaster recovery and managed services, is attending the 30th Annual Futures & Options Expo (FIA) on November 5th and 6th at the Hilton Chicago. The Steadfast team will be at Booth 1004 in the Blue Hall from 10 am – 6 pm on Nov. 5 and 10 am – 4 pm on Nov. 6.
Steadfast's solutions have long provided the needed infrastructure to the futures and financial industries, ranging from high powered dedicated servers, to colocation and cloud needs. Steadfast maintains grandfathered pricing in 350 E Cermak, allowing for companies to find space in the world's largest data center for reasonable rates.
📅 - 
📅 -