Update: Google Confirms Sale Of Motorola To Lenovo - Larry Page, Google CEO Explains Why Here.
In a deal that has taken many in the tech world by surprise, reports out to day have Google selling Motorola's handset division to Lenovo for $2.91 billion. Google purchased the struggling handset maker only a couple of years ago for over $9 billion and many had praised Motorola's efforts at rekindling their phone division with the well received Moto X and Moto G as well as talk of upcoming wearable and tablet products. Apparently Google isn't interested in being in the hardware business long-term, although it is still unclear if the company will continue making their Nexus devices.
When purchasing Motorola, it was speculated that Google was most interested in the portfolio of patents that Motorola had so that Google could fend off a legal battle against Android by Apple. It has been debated just how valuable those patents ended up being, but a recent deal just announced in the past 48 hours between Google and Samsung seems to probably have been made with knowledge of this Lenovo sale in mind. The purchase of Motorola makes Lenovo automatically the 3rd largest handset maker in the U.S., a market they have been eager to get into with their phone business. We'll have more info as we get it but in the meantime what are your thoughts of the sale of Motorola to Lenovo?Engadget