Google Agrees to Sell Motorola Smartphone Unit To Lenovo For $2.9B

Lenovo will soon close a deal to buy Motorola’s smartphone division from Google, Reuters and other news outlets reported. The Chinese company is known for PCs, not smartphones, but the acquisition—reportedly for $3 billion—would give the tech giant instant footing in the mobile industry. 

Image courtesy of Flickr user Cory M. Grenier

Updated at 2:12 pm PT: Google has confirmed the sale. It will retain ownership of the majority of Motorola’s patent portfolio.

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