Lenovo closes deal to buy Motorola from Google

[Wireless News]

http://l1.yimg.com/bt/api/res/1.2/P6qYH5b56eY3YCZBGyYTZQ--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_us/News/afp.com/ec92bee59aedaf4c4e4a2dbb3fbdc20409abbf83.jpg (http://news.yahoo.com/lenovo-closes-deal-buy-motorola-google-130703360.html)Lenovo announced Thursday it has completed its acquisition of Motorola Mobility from Google, a move strengthening the Chinese giant's position in the smartphone market. The $2.9 billion deal, announced in January, ends Google's brief ownership of the onetime mobile phone star. By adding Motorola, Lenovo positions itself among the top global smartphone makers behind Samsung and Apple. Lenovo will operate Motorola as a wholly-owned subsidiary, keeping the Chicago-based headquarters and adding some 3,500 employees, including 2,800 in the United States.



More... (http://news.yahoo.com/lenovo-closes-deal-buy-motorola-google-130703360.html)