Apparently we could hear an official announcement very soon, but it looks like Google is getting rid of Motorola's mobile arm.
Thoughts? It looked like Google was really turning motorola around, but now they may be cutting ties. I'm interested to see what this means for the direction they were going with devices like the motoX moving forward.
Sources:
Google Will Reportedly Sell Motorola Mobility To Lenovo, Say Multiple Sources
Lenovo nears $3 billion deal to buy Google's Motorola unit | Reuters
Lenovo to buy Motorola business for $2 billion|Top News|chinadaily.com.cn
Google to sell Motorola to Lenovo, say reports | The Verge
the verge said:Google initially bought Motorola Mobility for $12.5 billion back in 2012, but it said at the time that it was mainly interested in the company's patent portfolio. Now, it appears that Google is offloading at least its subsidiary's handset business, which has been losing hundreds of millions each quarter since the purchase. Google previously sold off Motorola's set-top box unit for over $2 billion.
Thoughts? It looked like Google was really turning motorola around, but now they may be cutting ties. I'm interested to see what this means for the direction they were going with devices like the motoX moving forward.
Sources:
Google Will Reportedly Sell Motorola Mobility To Lenovo, Say Multiple Sources
Lenovo nears $3 billion deal to buy Google's Motorola unit | Reuters
Lenovo to buy Motorola business for $2 billion|Top News|chinadaily.com.cn
Google to sell Motorola to Lenovo, say reports | The Verge