Google own 6 Percent of Lenovo after The deal of Motorola

Biggest search engine Google Inc. will possess a 5.94 percent stake in China's Lenovo Group Ltd. worth $750 million once Lenovo's arrangement to purchase Google's Motorola handset division closes Reuter’s reports dependent upon an exposure on the Hong Kong stock trade.

Google concurred Jan. 29 to offer Motorola Mobility to Lenovo for $2.9 billion. The arrangement will free Google of a monetary cerebral pain that has tormented the Internet organization since purchasing Motorola Mobility in 2012. Motorola has lost almost $2 billion since Google assumed control, while adornment its employees from 20,000 to 3,800.

Motorola is planned to move 2,000 specialists into the Merchandise Mart by the close of March. A Motorola representative said that move is still on. He additionally affirmed the Motorola brand will remain.

 

Views: 232
Tag:
Google
Motorola

News Tags

Latest News

Nokia 6 2018 (TA-1054) render images surfaced on TENAA

Nokia 6 2018 (TA-1054) render images surfaced on TENAA

Samsung Galaxy S9 to have 3MP Iris scanner and dual VoLTE network support

Samsung Galaxy S9 to have 3MP Iris scanner and dual VoLTE network support

New Meizu 15 Plus phone leaked with price

New Meizu 15 Plus phone leaked with price

Google Pixel 2 and 2 XL starts getting Android 8.1 beta update

Google Pixel 2 and 2 XL starts getting Android 8.1 beta update

Popular News

Android 8.1 and Android Oreo (Go Edition) launched officially

Android 8.1 and Android Oreo (Go Edition) launched officially

Apple 2018 iPhones to get LCD display and metal body

Apple 2018 iPhones to get LCD display and metal body

Xiaomi Redmi 5 and 5 Plus announced with Full Screen display

Xiaomi Redmi 5 and 5 Plus announced with Full Screen display

Xiaomi Redmi 5 unveiled ahead of its launch

Xiaomi Redmi 5 unveiled ahead of its launch

Read User Comments

Post You Comment

Name: *
Email: (hidden) *
Your Comment:
Capcha - 8 + 5 =

Top Brands

All Brands ➤