Lenovo Close to $3 Billion Deal to Buy Motorola from Google

Discussion in 'Android Tablet News' started by dgstorm, Jan 29, 2014.

  1. dgstorm

    dgstorm Editor in Chief Staff Member

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    Update: This story is now official. Google will be selling Motorola to Lenovo. Here's a link to the official press statement from Google: Lenovo to Acquire Motorola Mobility from Google ? Investor Relations ? Google

    This almost sounds like an April Fool's Joke, but we are nowhere near April. According to multiple reports from major news organizations like Reuters, CNBC and others, Lenovo may actually be in final talks with Google to purchase Motorola for $2.91 Billion USD. According to "sources close to the matter" this would be Lenovo's way of buying themselves into the lucrative but difficult to break into U.S. smartphone market. Here's a quote with more of the details,

    This came way out of left field and blind-sided us, but in many ways doesn't seem that surprising. From the beginning, Google really only wanted...

    Continue Reading @: Lenovo Close to $3 Billion Deal to Buy Motorola from Google
     
    Last edited: Jan 29, 2014

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