Lenovo shocked everyone as they announced their $3 billion acquisition agreement with Google for Motorola Mobility. Catch the details after the break!
It was back in 2012 when Google announced their acquisition of Motorola Mobility for $12.5 billion. Since then, we saw the release of “the only smartphone assembled in the US” in the form of Moto X by Motorola, followed by the release of Motorola G. But, it wasn’t enough to give Motorola Mobility a positive cash flow. (more…)