Lenovo manages to buy Motorola Mobile from Google for 2,91 Billions of USD

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Google sells Motorola Mobility to Lenovo

At 2012 many were very pleased with the news of the purchase of the Motorola all powerful Google. The amounts involved in the transaction involved around 12,5 billions of dollars. Of note was that Google had the function of developing new mobile devices and still had the patents registered by Motorola.

Two smartphones launched by Google have come from this purchase: Moto X e (two tops of range, literally)

Now, after 2 years, Google got tired of the game of mobile devices and announced that sold Motorola Mobility to Lenovo. The big surprise is the sales value of “2,91 billion USD”, well below the purchase price. The explanation comes from the fact that Google has approximately 10 patents from Motorola to use in its future projects or to negotiate with other companies.

The Chinese company, Lenovo, is a leader in the PC market and has been trying to establish itself as one of the powers in the mobile world that at the moment is dominated by Samsung and Apple (order matters). With the purchase of Motorola Mobility and two thousand patents, Lenovo soon became the 3 company in the list of smartphone sales leaders.

Lenovo buys Motorola Mobility from Google
Announced with a tweet

Google, through its CEO, Larry PageSaid

Motorola will thrive with Lenovo, which today is the largest PC maker in the world. The mobile phone market is very competitive and when you leave Google, you have the chance to focus on a product that has guaranteed success (and profits): Android.

Are bad news for Samsung, which already saw its dominion spread throughout the world, but with a Lenovo strong and with Google as a strong ally, the next few days will not be easy for the South Korean company.

In Angola, this business is likely to be reflected in the Smartphone market, it is likely that the phone operators will make further business deals with Lenovo because the quality of the hardware will increase and the Software is guaranteed by Google.

What did you think of this business?

[Source]: Google

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