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Google Sells Motorola's Manufacturing Facilities

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Dec 11, 2012, 8:24 AM   by Eric M. Zeman

Google recently announced that Flextronics has agreed to purchase two manufacturing facilities owned by Motorola. Motorola is a wholly-owned subsidiary of Google. The factories in question are located in Tianjin, China, and Jaguariuna, Brazil. The assets and employees of these facilities will be transferred from Google to Flextronics. At the same time, Flextronics has signed a service agreement with Google to manufacture its Android and other mobile devices moving forward. The companies did not disclose terms of the deal, which requires regulatory approval before it can be completed. Google and Flextronics expect the deal to close during the first half of 2013. The news follows Google's announcement that it plans to shutter Motorola's research and design and marketing organizations in Korea.

more info at Motorola »
more info at CNet »

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Subject Author Date
Why? Jaden10 Dec 11, 2012, 9:15 AM
  • Re: Why? by newfoneguy   Dec 11, 2012, 9:37 AM
    • Re: Why? by Globhead   Dec 11, 2012, 2:52 PM
  • Re: Why? by crood   Dec 11, 2012, 10:05 AM
    • Re: Why? by Globhead   Dec 11, 2012, 2:47 PM
  • Re: Why? by bobc74   Dec 11, 2012, 6:29 PM
 
 
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