Thursday, January 30, 2014

Lenovo buys Motorola from Google

Google recently sold the fading mobile phone star Motorola to Lenovo for $2.91 billion dollars, even though Google initially bought Motorola for $12.5 billion in hopes to turn it around. Although it may seem like a money losing action, it could actually help out allied android smartphone sellers because it will help Lenovo to finally compete with Apple. One analyst says that it's a win-win because "Google keeps the patents and the research group, and they keep partners off their back, while Lenovo gets what they need to get into the US smartphone market." Also, Samsung agreed to a peace-pact with Google, pledging allegiance to Google's Android. With all this combined, it can lead to big competition for Apple and the future of technology might begin to switch in favor of Android.

http://news.yahoo.com/lenovo-buy-motorola-strengthens-apple-rivals-analysts-111821582.html

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