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Google sells handset business to Lenovo
The Nearly $3 Billion Deal Comes Two Years After Google Bought Motorola for $12.5 Billion
Motorola Moto X smartphones, using Google's software, shown in August. Photo: Associated Press
By ROLFE WINKLER and SPENCER E. ANTE
Google Inc.'s experiment making Motorola phones has ended after just 22 months, with the company unloading the handset business to China's Lenovo Group Inc. for $2.91 billion but keeping a valuable trove of patents.
http://m.asia.wsj.com/articles/SB10001424052702303743604579351163997405806?mg=reno64-wsj
Moto x and moto g should be the last series made by Motorola Mobility.
Motorola Moto X smartphones, using Google's software, shown in August. Photo: Associated Press
By ROLFE WINKLER and SPENCER E. ANTE
Google Inc.'s experiment making Motorola phones has ended after just 22 months, with the company unloading the handset business to China's Lenovo Group Inc. for $2.91 billion but keeping a valuable trove of patents.
http://m.asia.wsj.com/articles/SB10001424052702303743604579351163997405806?mg=reno64-wsj

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