Lenovo Mobile to Reportedly Be Merged Into Motorola Mobility

A restructuring seems imminent inside Lenovo. The Chinese technology conglomerate which acquired Motorola Mobility in October 2014, plans to integrate its mobile division – Lenovo Mobile – into it. Once the merger is complete, Lenovo Mobile will cease to exist as a separate company, a report added, quoting a Lenovo executive.

Lenovo Mobile will go through a restructuring which will affect the product line as well as its brand, Lenovo Mobile Group President Chen Xudong reported as saying. The company will soon share the new structure. “The new organizational structure will be immediately released,” he was quoted as saying.

As part of the restructure, Lenovo Mobile employees will join Motorola staff. Motorola, having higher headcount, will lead Lenovo Mobile team, report added. Lenovo Mobile’s workshop will also be incorporated into Motorola Mobility. Once the merger is complete, Lenovo’s ZUK will become the company’s “flagship Internet brand” while Motorola will continue to sell high-end devices in international markets, where it has far more presence than Lenovo.

The reported statement is in line with official announcement made by the company for its latest quarterly results earlier this month. The company had then announced a restructuring of its Mobile Business Group (MBG), and said “it will continue to drive the overall mobile business, but will now rely on Motorola to design, develop and manufacture smartphone products.”

Lenovo acquired Motorola from Google in 2014 for a whopping sum of $2.91 billion (roughly Rs. 1,925 crores). As part of the buyout, Google continued to maintain ownership of a majority of Motorola Mobility patent portfolio. Motorola, on the hand, got to retail over 2,000 patents, and a number of cross-license agreements.

Ever since the buyout, it was unclear how exactly Lenovo was planning to handle both the companies. It is not strange to see companies merging its divisions. The merger usually helps a company significantly reduce the time it takes in managerial processes.

Cablevision To Provide CBS And Showtime Internet Streaming

cablevisionInternet TV streaming is only getting bigger. As it does, cord cutters are giving up on conventional TV service contracts in favor of services to which they can subscribe to monthly and not have to pay hundreds of dollars in setup fees. It just makes sense to save your money.

Cable giants like HBO are changing their business models to keep up. Cablevision is the first internet service provider to distribute the HBO Now online TV streaming service, and soon it will also allow broadband customers to stream CBS and Showtime as well, which is great news for customers.

Cablevision broadband customers will be able to stream CBS and Showtime over the internet without having a pay for a TV subscription. The deal is part of a multi-year agreement between the two companies and also renews Showtime, CBS Sports Network and Smithsonian Channel on Cablevision’s TV service.

“Optimum Online” customers will be able to stream these channels online, including Showtime’s new standalone online service and CBS All Access.

Cablevision says that pricing and availability details will be revealed later, so we will have to wait for that info to come very soon if you are interested in what Cablevision is offering.