The rumour of Lenovo wanting to buy Motorola was confirmed few hours ago and the deal finally went through. Lenovo which is a strongly emerging Chinese computer company was making a bid to buy Motorola from Google few days back when the rumoured leaked. However, at the end of close of business yesterday, the company was able to successfully buy the handset unit of Motorola which also comes with portfolio of patents. Lenovo paid Google $2.91 billion to acquire Motorola according to the info on Google's website which is really far away from what Google herself paid to acquire Motorola few years back ($12 billion). Lenovo will pay cold cash to Google up front, which equates to $660 million, along with $750 million in stock, while the rest of the $1.5 billion will be paid out in the coming three years. This may suggest a kind of loss by Google in this regard, however, Google doesn't see that way. Google had been experiencing difficulties...
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