Today, Google decide to sell the business of Motorola company to Lenovo for $2.9 Billion. According to experts it is the first and big mistake of Google in 2014, Google just purchased motorola phones business in 2013, and now they are selling it. But as we know google is also working on so many projects and Google Company also decided to Discontinue the Google Nexus Series. The deal announced on Wednesday.
Most of Inverstors said that motorola was the one of the best choice for google to increase in profit in year 2014. Lenovo Group is expanding its business very well. Lenovo is now also a smartphone leader in home country.
"We buy this business, we buy this team as our treasure,'' Lenovo CEO Yang Yuanqing said during a Wednesday conference call.
Selling Motorola's smartphone operations will "enable Google to devote our energy to driving innovation across the Android ecosystem,'' Page said in a statement.
Lenovo is picking up about 2,000 Motorola patents in addition to the phone manufacturing operations.
Most of Inverstors said that motorola was the one of the best choice for google to increase in profit in year 2014. Lenovo Group is expanding its business very well. Lenovo is now also a smartphone leader in home country.
"We buy this business, we buy this team as our treasure,'' Lenovo CEO Yang Yuanqing said during a Wednesday conference call.
Selling Motorola's smartphone operations will "enable Google to devote our energy to driving innovation across the Android ecosystem,'' Page said in a statement.
Lenovo is picking up about 2,000 Motorola patents in addition to the phone manufacturing operations.
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