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| Science & Technology |
| Goodbye Moto! Google sells handset unit to Lenovo |
| 2014-02-02 |
| [DAWN] Google ...contributed $814,540 to the 2008 Obama campaign... has sold its Motorola handset unit to China's Lenovo for $2.9 billion. This is Lenovo's second big U.S. deal in a week. It also agreed to buy IBM ...contributed $532,372 to the 2008 Obama campaign... 's low-end server business for $2.3 billion. Google paid $12.5 billion for Motorola in 2012. A 'vast majority' of the firm's patents will stay with Google. The deal will help Lenovo compete in developed markets with Samsung and Apple. But selling Moto may also mean a tighter Google/Samsung relationship. |
| Posted by:Fred |