{"id":2105,"date":"2014-02-14T10:43:13","date_gmt":"2014-02-14T15:43:13","guid":{"rendered":"http:\/\/www.strategicsearch.com\/technical-recruiting-blog\/?p=882"},"modified":"2014-02-14T10:43:13","modified_gmt":"2014-02-14T15:43:13","slug":"real-reason-google-bought-motorola-rd","status":"publish","type":"post","link":"https:\/\/strategicsearch.com\/beta\/real-reason-google-bought-motorola-rd\/","title":{"rendered":"Real Reason Google Bought Motorola: R&#038;D"},"content":{"rendered":"<div>\n<div><a href=\"https:\/\/strategicsearch.com\/technical-recruiting-blog\/wp-content\/uploads\/2016\/09\/Strategic-Search-Logo2-e1472950438480.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-2300\" src=\"https:\/\/strategicsearch.com\/technical-recruiting-blog\/wp-content\/uploads\/2016\/09\/Strategic-Search-Logo2-300x69.jpg\" alt=\"Strategic Search Corporation are specialists in technical recruiting and engineering recruiting.\" width=\"300\" height=\"69\" \/><\/a>In my article at\u00a0<a href=\"http:\/\/www.recruitingblogs.com\/profiles\/blogs\/where-will-the-motorola-engineers-go\" target=\"_blank\" rel=\"noopener\">http:\/\/www.recruitingblogs.com\/profiles\/blogs\/where-will-the-motorola-engineers-go<\/a>\u00a0I shared that <a href=\"https:\/\/www.google.com\">Google <\/a>was dumping the Chicagoland landmark of <a href=\"http:\/\/en.wikipedia.org\/wiki\/Motorola\">Motorola<\/a> for only $2.9 Billion to <a href=\"http:\/\/www.lenovo.com\/us\/en\/\">Lenovo<\/a>!<\/div>\n<div><\/div>\n<div><\/div>\n<div>Furthermore, a similar\u00a0article at\u00a0<a href=\"http:\/\/www.forbes.com\/sites\/gordonkelly\/2014\/02\/10\/how-google-used-motorola-to-smack-down-samsung-twice\/\" target=\"_blank\" rel=\"noopener\">http:\/\/www.forbes.com\/sites\/gordonkelly\/2014\/02\/10\/how-google-used-motorola-to-smack-down-samsung-twice\/<\/a>\u00a0referenced the same information. This whole sega left a bad taste in Chicagoland area inhabitant&#8217;s mouths especially since Motorola was both: <strong>a)<\/strong> a Chicagoland area legendary company and <strong>b)<\/strong> it will loose a lot of R&amp;D, scientific, engineering, IT and technical jobs for the Chicagoland area in specific and the United States in general.<\/div>\n<div><\/div>\n<div>Over the years many technical recruiters, engineering recruiters, scientific recruiters, IT recruiters and R&amp;D recruiters made their fortunes from uncovering key talent for the <a title=\"executive recruitment team\" href=\"http:\/\/www.strategicsearch.com\/\" target=\"_blank\" rel=\"noopener\">executive recruitment team<\/a> at Motorola. Furthermore, Lenovo&#8217;s history (e.g. when they acquired <a href=\"http:\/\/en.wikipedia.org\/wiki\/IBM_Personal_Computer\">IBM&#8217;s PC <\/a>business), is design engineering and manufacturing in Asia including a bulk of the jobs there!<\/div>\n<div><\/div>\n<div><\/div>\n<div>However, a closer look at the math behind the Google\/Lenovo deal shows that instead of Google\u2019s supposed $10 billion loss on the purchase of Motorola Mobility, they actually wound up paying only $1.5 billion for what it retained $5.5 billion worth of Motorola patents and their research labs. Here is why:<\/div>\n<div><\/div>\n<\/div>\n<div>\n<p>Google bought Motorola Mobility for $12.5B, but here is what Google gained in the process:<\/p>\n<p>1.\u00a0$3.2B &#8211; Motorola had in cash<\/p>\n<p>2.\u00a0$2.4B &#8211; Saved in deferred tax assets<\/p>\n<p>3.\u00a0$2.5B &#8211; Selling off the cable and set top box business in 2013<\/p>\n<p>4.\u00a0$2.9B \u2013 Sale of the handset hardware business to Lenovo<\/p>\n<p>= $11B total gain from the acquisition 22 months ago (and before selling to Lenovo)! Therefore, instead of a supposed $10 billion loss on the purchase of Motorola Mobility, they actually wound up paying only $1.5 billion for what it retained $5.5 billion worth of Motorola patents and their research labs!<\/p>\n<p><span style=\"color: #ff0000;\"><strong>What are your thoughts?<\/strong><\/span><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>In my article at\u00a0http:\/\/www.recruitingblogs.com\/profiles\/blogs\/where-will-the-motorola-engineers-go\u00a0I shared that Google was dumping the Chicagoland landmark of Motorola for only $2.9 Billion to Lenovo! Furthermore, a similar\u00a0article at\u00a0http:\/\/www.forbes.com\/sites\/gordonkelly\/2014\/02\/10\/how-google-used-motorola-to-smack-down-samsung-twice\/\u00a0referenced the same information. This whole sega left a bad taste in Chicagoland area inhabitant&#8217;s mouths especially since Motorola was both: a) a Chicagoland area legendary company and b) it will loose [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[30,48,49],"tags":[],"class_list":["post-2105","post","type-post","status-publish","format-standard","hentry","category-chicago-employment","category-chicago-engineering-jobs","category-chicago-jobs"],"_links":{"self":[{"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/posts\/2105","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/comments?post=2105"}],"version-history":[{"count":0,"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/posts\/2105\/revisions"}],"wp:attachment":[{"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/media?parent=2105"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/categories?post=2105"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/strategicsearch.com\/beta\/wp-json\/wp\/v2\/tags?post=2105"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}