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Lenovo to buy Motorola smartphone division from Google for $2.91 billion

2014-01-30 00:53:05| InfoWorld: Top News

Lenovo Group is buying the Motorola smartphone and tablet division at Google for nearly $3 billion. Google confirmed the purchase in a statement released late this afternoon. In that statement, Google said it would retain ownership "of the vast majority of the Motorola Mobility patent portfolio, including current patent applications and invention disclosures. As part of its ongoing relationship with Google, Lenovo will receive a license to this rich portfolio of patents and other intellectual property."

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