Thursday, October 30, 2014

It's official: Motorola and Lenovo finally tie the knot, the $2.9 billion deal with Google is complete at long last

Almost ten months after it was announced that Google has decided to part with Motorola Mobility and sell it to Lenovo for $2.91 billion ($660 million in cash, $750 million of ordinary Lenovo shares, and a three-year promissory note worth $1.5 billion), the acquisition deal between the smartphone makers has been finally completed. Motorola and all of its 3,500 employees around the world are now part of Lenovo.



This was announced by Lenovo in a press release, which details the main strengths of Motorola and its not-so-large, yet more than adequate portfolio that comprises noteworthy device ...



from PhoneArena - News http://ift.tt/1DByh9H

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