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Lenovo to Buy Google's Motorola Mobility for $2.91 Billion
2014-01-30 10:40:42| Semiconductors - Topix.net
Lenovo Group Ltd. agreed to buy Google Inc.'s Motorola Mobility phone unit for $2.91 billion, as the world's largest personal-computer maker continues a buying spree of U.S. technology businesses.
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Google selling Motorola phone business to Lenovo
2014-01-30 03:39:03| Telecom - Topix.net
Google is selling Motorola's smartphone business to Lenovo for $2.9 billion, a price that makes Google's biggest acquisition look like its most expensive mistake.
Tags: business
phone
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Google to Sell Motorola Mobility to Lenovo for $2.91B
2014-01-30 02:35:59| PC Magazine Cell Phones Product Guide
In a surprise announcement, Google today said it will sell the Motorola Mobility smartphone business to Lenovo for approximately $2.91 billion.
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Lenovo buys Google's Motorola Mobility business
2014-01-30 01:42:00| Telecompaper Headlines
(Telecompaper) Lenovo will acquire Google's Motorola Mobility smartphone business in a USD 2.91 billion deal. The consideration includes USD 1.41 billion paid at close, comprised of USD 660 million in cash and USD 750 million in Lenovo ordinary shares, while the remaining USD 1.5 billion will be paid in the form of a three-year promissory note. The acquisition includes the Motorola brand and Motorola Mobility's portfolio of smartphones while Google will maintain ownership of the vast majority of the Motorola Mobility patent portfolio. As part of its ongoing relationship with Google, Lenovo will receive a licence to this portfolio of patents and other intellectual property. The transaction is subject to the satisfaction of regulatory requirements and customary closing conditions.
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Lenovo buys Motorola from Google for $2.91 billion
2014-01-30 01:00:00| Total Telecom industry news
Chinese firm becomes world's third largest smartphone maker; Google retains Motorola patents.
Tags: google
motorola
billion
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