2014-01-30
Goodbye Moto! Google Flips Failed Motorola Mobility Unit To China’s Lenovo
China-based Lenovo is either the world's savviest business negotiator or in for a crude surprise as it purchases the dilapidated remnants of Motorola Mobility from Google for about USD2.91 billion. Google had purchased much of the same assets from Motorola only three years ago for USD12.5 billion, so Lenovo's purchase comes at an incredible discount. […]