Google which bought Motorola Mobility cellphone unit two years ago in now selling the same to Lenovo a Chinese Mobile co. for 2.9 billion dollars Google itself paid 12.5 billion dollars for the company.
“This move will enable Google to devote our energy to driving innovation across the Android ecosystem, for the benefit of smartphone users everywhere,” said Google chief Larry Page
This deal may not results into loss fro Google as Google will keep majority of Motorola’s patents. Google itself pocketed $2.9 billion for Motorola Buy.