Google sheds Motorola in $2.91 bln deal with Lenovo | Bangkok Post: news

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Google sheds Motorola in $2.91 bln deal with Lenovo

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Google has agreed to sell Motorola to Chinese technology giant Lenovo for $2.91 billion, after a lackluster two-year effort to turn around the smartphone maker it bought for $12.5 billion. 

Motorola's tablet Xoom, operated by Android 3.0 Honeycomb, pictured during a promotional event on the main campus of Google, in Mountain View, California, on February 2, 2011

The deal ends Google's run as a handset maker after it biggest-ever takeover, which was announced in 2011 and finalized in 2012.

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