Lenovo to Acquire Google's Motorola Handset Division for $2.91-Billion

After a long period of rumors and the news is confirmed, and after almost 3 years of acquisition Google on Motorola value stood at 12.5 billion dollars, Google decided to sell the company to one of the most important Chinese enterprises in this field, the company (Lenovo) in the amount slightly less than the value of the deal first.

The deal, which amounted to 2.9 billion dollars have been confirmed officially by Lenovo through a press release, then Google confirmed the news via computed on Twitter, and this becomes the Chinese company Lenovo has placed her hands on the most important innovations Motorola, a Moto X and Moto G in addition to the model phones Droid Ultra , while Google will retain the right of monopoly patents, most private brand Motorola.

Google, which they seem to have lost a lot in this deal, having acquired Motorola in 2011, amounting to 12.5 billion dollars and found itself forced to sell for less than the price much, where the sum of the deal is $ 2.9 billion, while on the other hand Fsharkp Lenovo is the beneficiary of major This transaction, because they will benefit from Motorola to enter the U.S. market is very large. We must remember that Lenovo has become concentrated in the first rank of the global market in portable devices.

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