Everything Apple

Wednesday 29 January 2014

Google selling Motorola Mobility to Lenovo for $2.9 billion

LenovoLockup_NEG_Color


Well this is an interesting turn of events. It appears that Google has decided to sell its Motorola Mobility arm to electronics giant Lenovo for $2.91 billion. The deal is said to include the entire Motorola division and some 10,000 of its 17,000 patents.


If the deal gets approved, Google would be selling Motorola for far less than the $12.5 billion it paid for it back in 2011. It looks like it’s holding on to some of Motorola’s IP though, and retaining licenses to its other patents, so it wouldn’t be a total loss…


(...)

Read the rest of Google selling Motorola Mobility to Lenovo for $2.9 billion




"Google selling Motorola Mobility to Lenovo for $2.9 billion" is an article by iDownloadBlog.com.

Make sure to follow us on Twitter, Facebook, and Google+.


0 comments :

Post a Comment