Motorola Interested In Buying Sagem
Oct 26, 2006, 2:08 PM by (staff)
Motorola President Ron Garriques yesterday said the company is interested in acquiring Sagem, a European handset manufacturer. Sagem sells low to mid-teir handsets and is showing financial weakness faced with increased competition from major manufacturers. Its parent company, which also owns an aerospace manufacturing business is looking to offload the handset business according to rumors. Garriques said Motorola is solely interested in Sagem's employees, not other aspects of the business. Recently Motorola also purchased a Danish research lab, including its employees, from BenQ Siemens' handset division.
Hands-On: Motorola Moto E, 2nd Gen.
Motorola's new Moto E handset improves specs across the board, including the screen, processor, and storage. It also adds LTE 4G.
Review: Motorola Moto G (3rd Gen)
Motorola's mid-range masterpiece, the Moto G, is a formidable smartphone that should not be overlooked. It is waterproof, customizable, and outguns the competition on many fronts.
Lenovo Announces Layoffs, Remains 'Committed' to Motorola
Lenovo today announced a workforce reduction that will see close to 2% of the company's 55,000 employees losing their jobs. Most of the more-than-1,000 cuts impact Lenovo-owned Motorola.
Lenovo to Slash 3,200 Jobs After Motorola Sales Slide
Lenovo today said it plans to reduce its headcount by as many as 3,200, or about 10%, as it looks to reduce expenses. The company reported earnings and said sales across its various business units dropped by 9% during the quarter.
Sagem is the coolest company ever.
Oh dayom you had me scambling to look at Sagem phones too.