Home Page : Archive News : January 2014 News : Motorola Mobility sold for $2.9 billion to Lenovo | |
Motorola Mobility sold for $2.9 billion to Lenovo | |
January 30, 2014 Google is selling Motorola's smartphone business to Lenovo for $2.9 billion, a price that leaves little doubt that Google's biggest acquisition turned out to be an expensive mistake. The deal announced Wednesday will rid Google Inc. of a financial headache that has plagued the Internet company since buying Motorola Mobility for $12.4 billion in 2012. Source: http://www.dailyherald.com/article/20140129/business/701299746/ |