Google is Selling Motorola Mobility to Lenovo

After a $2.91 billion sale, the tech giant will retain Motorola’s all-important patents

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Christian Hartmann / Reuters

An employee answers phone calls at the switchboard of the Google office in Zurich August 18, 2009.

Google inked a deal Wednesday to sell Motorola to the Chinese tech conglomerate Lenovo for $2.91 billion.

Google paid $12.5 billion for Motorola in 2011, largely in order to acquire the firm’s patent portfolio to fortify Google amid its ongoing patent wars with Apple and Microsoft. Under the deal announced Wednesday, Google will hold on to “the vast majority of Motorola’s patents,” according to a statement from Google CEO Larry Page.

The deal will need to be approved by regulators in both the U.S. and China before the sale can go into effect.

3 comments
babar
babar

I think Google and Samsung are cooking something...
Otherwise this makes no sense

This is the worst application Document Maker – Document & Letter Templates for ipad. I am repenting having bought it,work great and is easy to learn. http://j.mp/DocMak


RB1
RB1

Isn't Lenovo a subsidiary of IBM? I believe that IBM does all warranty work on Lenovo computers. So IBM is owned by China?

PatrickAlan
PatrickAlan

@RB1 no. lenovo bought IBM's consumer computer business several years ago. IBM is not owned by China.