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Wednesday, January 29, 2014

Lenovo to reportedly take Motorola off Google’s hands for $3 billion

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

Lenovo Motorola $3 Billion Merger
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. Reuters also says that the deal is expected to include "some" of Motorola's patents.

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