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View Full Version : Lenovo to reportedly take Motorola off Google’s hands for $3 billion



Wireless News
01-29-2014, 05:40 PM
http://l2.yimg.com/bt/api/res/1.2/ZJJmkDjsL3KB6ecDWgkozA--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_US/News/BGR_News/motorola-moto-x.jpg (http://news.yahoo.com/lenovo-reportedly-motorola-off-google-hands-3-billion-211706939.html)Google won’t have the Motorola albatross hanging around its neck for much longer. Unnamed sources tell Reuters that Chinese computer vendor Lenovo is close to buying Motorola Mobility from Google for around $3 billion, which backs up a similar report from China Daily claiming that Lenovo would buy the one-time mobile phone titan for $2 billion. Although we don’t know when a deal to buy Motorola will be finalized, Reuters‘ sources say that an official announcement could come as soon as Wednesday. Google originally acquired Motorola less than three years ago for $12.4 billion as a way to shore up its mobile patent portfolio to protect against lawsuits from Apple, Microsoft and other tech companies. The acquisition was a borderline



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