Forgot your password?
typodupeerror

+ - Google Sells Motorola Mobility to Lenovo for $2.91 Billion->

Submitted by _0x783czar
_0x783czar (2516522) writes "Google today announced that they will be selling Motorola Mobility to Lenovo for the sum of 2.91 Billion USD. Google says that the move should allow the company to receive the attention and focus it deserves to thrive.

From the article: '...the smartphone market is super competitive, and to thrive it helps to be all-in when it comes to making mobile devices. It’s why we believe that Motorola will be better served by Lenovo—which has a rapidly growing smartphone business and is the largest (and fastest-growing) PC manufacturer in the world. This move will enable Google to devote our energy to driving innovation across the Android ecosystem, for the benefit of smartphone users everywhere.'

Google however was quick to add that this does not signal a move away from their other hardware projects.

Additionally "Google will retain the vast majority of Motorola’s patents" which they hope to continue using to stabilize the android ecosystem.
The deal has yet to be approved by either the U.S. or China."

Link to Original Source
This discussion was created for logged-in users only, but now has been archived. No new comments can be posted.

Google Sells Motorola Mobility to Lenovo for $2.91 Billion

Comments Filter:

Premature optimization is the root of all evil. -- D.E. Knuth

Working...