Lenovo's Senior Vice President Peter Hortensius On Motorola Acquisition
Lenovo Group (OTC: LNVGY) Senior Vice President and soon-to-be Chief Technology Officer Peter Hortensius appeared on CNBC's Squawk Box Thursday morning, where he highlighted the company's acquisition of Google's (NASDAQ: GOOG) Motorola Mobility handsets as well as the company's commitment to investing in their mobile phones business.
“We want to get bigger in mobile devices, we want to get bigger in x86 servers, and in the last week we've, we've made two announcements that line up perfectly with that, and that's really what we're focused on,” said Hortensius.
He said that they will support a variety of operating systems beyond Google's Android, stating that they will “continue to work with everyone.”
As part of the acquisition, Lenovo will continue to use the Motorola name. Hortensius said that “it's a fantastic brand for us to use in the marketplace.”
Hortensius noted that they will have a transition agreement with Google that's similar to the one they acted out with IBM's (NYSE: IBM) ThinkPad, which is now Lenovo's ThinkPad.
“The exact branding on the device we haven't decided, but definitely the Motorola name will be very prominent,” said Hortensius.
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