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Thursday, 30 January 2014 - 12:56
Google sells Motorola Mobility unit to Lenovo for $3bn
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Google has sold struggling US mobile phone company Motorola Mobility to Chinese computer maker Lenovo for 2.91 billion dollars, in a surprise move.

Google had paid 12.5 billion dollars for the company less than two years ago.

Lenovo plans to build up its smartphone unit through the Motorola purchase, which may help offset its slowing personal computer business.

However, Google will keep the majority of Motorola's lucrative patents, which include one for Android software.

 

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