Linked by Thom Holwerda on Wed 29th Jan 2014 22:25 UTC, submitted by bowkota

Google is selling Motorola Mobility to Lenovo, giving the Chinese smartphone manufacturer a major presence in the US market. Lenovo will buy Motorola for $2.91 billion in a mixture of cash and stock. Google will retain ownership of the vast majority of Motorola's patents, while 2,000 patents and a license on the remaining patents will go to Lenovo. Lenovo will pay Google $660 million in cash, $750 million in stock, with the remaining $1.5 billion paid out over the next three years.


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RE[3]: Patents?
by puenktchen on Fri 31st Jan 2014 15:58 UTC in reply to "RE[2]: Patents?"
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I guess US citizens can still feel as proud as French or German citizens, which local mobile brands Alcatel and Siemens were sold to china years ago. If your proudness has anything to do with the national ownership of companies which is a strange concept to me anyway.

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