Motorola Sale Called ‘Win-Win’ For Google, Lenovo

By | January 30, 2014

Scalper1 News

Google’s (GOOG) sale of its money-losing smartphone maker Motorola Mobility, announced late Wednesday, generated many positive reviews on Wall Street. Google is selling the business for $2.9 billion to China’s Lenovo, which has become the No. 1 PC maker after acquiring IBM ‘s (IBM) PC business in 2005. Google will retain control of most of the patents it acquired when it bought Motorola. “The key is that Google does maintain patent protection for Scalper1 News

Scalper1 News