The Search engine giant Google sells
the Motorola Smartphone brand to the computer and Electronics manufacturer
Lenovo for $2.9 Million. At present Lenovo has the Smartphone segment with the least amount of market Share, now this merger with the famous Smartphone developers Motorola will
make more efficiency and more market for Lenovo in the Smartphone segment.
Google purchased this Smartphone manufactures
Motorola at $12.4 billion in 2012, at that time Motorola was in great financial
crisis due to tough competition in the market. Now the Google again resells
this Smartphone brand to the popular Computer manufacturer Lenovo by keeping
the most patents purchased from Motorola.
The Buying of the Motorola will develop
the Lenovo as an international Smartphone manufacturer that can compete with
Samsung, Nokia , HTC and Apple, At present Lenovo is one of top Laptop
manufacturer in the world.
Google is indicating that, this sale
of the Motorola Smartphone segment will enable more research on the Android
Operating System division.
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