Lenovo Completes Deal to Buy Motorola From Google for $2.9 Billion

Nov 3, 2014 cell phones, computers, google, 0 Comments


Chinese computer giant Lenovo officially completed their deal to purchase mobile phone company Motorola from Google on Thursday for $2.9 billion.

“Today we achieved a historic milestone for Lenovo and for Motorola – and together we are ready to compete, grow and win in the global smartphone market,” Lenovo CEO Yang Yuanqing said in a statement. “By building a strong number three and a credible challenger to the top two in smartphones, we will give the market something it has needed: choice, competition and a new spark of innovation.”

Google will remain the owner of most of Motorola’s patent portfolio, however, and Lenovo will just get a license to use those patents.


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David Gonos has been writing online for over a decade, and he has been published on websites like CBSSports.com, FOXSports.com, MLB.com, NFL.com and SI.com. He discusses fantasy sports, television, beer, traveling, music, movies and food on his own website, when he's not at his day job, working as the content manager for DigitalLanding.com.

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