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Posts Tagged ‘Chinas Lenovo Group Ltd’

Lenovo may be buying a brand to help it sell smartphones across the world, but its not getting everything that was under Motorolas umbrella. In addition to the vast majority of Motorolas patents, Google will also hold onto the Advanced Technology and Projects division and fold it into its Android team.

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SAN FRANCISCO (AP) — Google is selling Motorolas smartphone business to Lenovo for $2.9 billion, a price that makes Googles biggest acquisition look like its most expensive mistake.

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Lenovo’s purchase of IBM’s server hardware product line could cause businesses to rethink buying options.

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