Why Google Just Sold Motorola to Lenovo for $3 Billion
Well this is unexpected. Google is selling Motorola, the iconic handset maker it bought for $12.5 billion in May of 2012, to Chinese PC maker Lenovo for $2.91 billion. Google CEO Larry Page has penned a short note about the sale, but he doesn’t get into details. Here’s why the deal makes sense.
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