Lenovo To Buy Motorola For $2.91 Billion : A Report

It seems Motorola is being flipped over form one company to another. We saw in 2012 that Google bought Motorola for 12.5 billion USD. This made Google owner of Motorola and its patents. However recently the news popped up and Lenovo confirmed it that it would be buying Motorola for a 2.91 billion USD. This price is approximately 4 times less than what Google paid. However, the price difference is rectified by the fact that Google would be keeping a majority of Motorola’s Mobile patents. Continue reading…