Google selling Motorola Mobility at a $10billion loss

[kch50428]

Google getting out of the phone hardware business... selling the Motorola Mobility company they bought in 2011 for just over $12billion - for $2billion...

The buyer: Lenovo.

 

[iEd]

Wow that was quick. Wow 2bil and they paid 12. Yikes!!!!!
What are they doing at Google. Seems like a 3 Stooges short.
Pretty soon they will be selling Brighto(old man reference not for anyone under 49)

 

[kch50428]

I wonder if the deal included the Motorola patents or not. After all, most people thought they only wanted Motorola for the patents to defend against lawsuits.

So far, things I've read says patents included...

 

[iEd]

http://www.slate.com/blogs/moneybox/2014/01/29/google_sells_motorola_to_lenovo_at_a_huge_loss.html

 

[kch50428]

I do like Rene's take on it... Google sells off Motorola for $2.9 billion. What does it mean for Apple? Nothing... | iMore