After a series of rumours earlier today, Motorola announced on their official blog that Lenovo will indeed be purchasing them from Google. It’s been over two and a half years since Google announced their original intentions to buy Motorola, having paid for over $12 billion for it - now, Lenovo will pay only $2.91 billion for it. Motorola hasn't exactly been on the rise lately, burning through cash without any signs of stopping, despite the fact that many have praised their latest devices. The deal may come as a surprise to many, as it did us, but it’s happening and it’ll be very interesting to see where it goes from here.
Nick Maizlin contributed to this Report