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

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.

What.

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Whoa, crazy!
by Luke McCarthy on Thu 30th Jan 2014 00:40 UTC
Luke McCarthy
Member since:
2005-07-06

Motorola Mobility is being passed around like a cheap whore. I guess we won't be seeing any more great phones like Moto G or X any more. What is Google up to?

Reply Score: 3

RE: Whoa, crazy!
by galvanash on Thu 30th Jan 2014 01:01 in reply to "Whoa, crazy!"
galvanash Member since:
2006-01-25

Motorola Mobility is being passed around like a cheap whore. I guess we won't be seeing any more great phones like Moto G or X any more. What is Google up to?


The Moto X and G were imo experiments in how you make a good midrange and budget Android phone and compete on something besides the specs...

Lenovo's largest market by FAR is China, which has a growing and absolutely huge demand for good midrange and budget phones - the really high end stuff is priced out of most of the China market.

I think in Lenovo's hands what you will see is exactly more of the lineage of the X and G - I think that is a big part of why they bought MM. It makes perfect sense to me.

Edited 2014-01-30 01:03 UTC

Reply Parent Score: 5