Lenovo Nears $3 Billion Deal To Buy Google's Handset Unit - Sources | Reuters

[6Foot2]

Link: Exclusive: Lenovo nears $3 billion deal to buy Google's handset unit - sources | Reuters

 

China's Lenovo Group is nearing a deal to buy GoogleInc's Motorola handset division for close to $3 billion, according to people familiar with the matter said on Wednesday, buying its way into a heavily competitive U.S. handset market now dominated by Apple Inc...

[Arthur]

Google were doing a good job turning Motorola around. I hope this doesn't mean Project Ara gets cancelled.

[Arthur]

Confirmed!

 

• Lenovo to Acquire Motorola Mobility « Official Google Blog
  
• Lenovo to Acquire Motorola Mobility from Google « Google Investor Relations
  

The smartphone market is super competitive, and to thrive it helps to be all-in when it comes to making mobile devices. It’s why we believe that Motorola will be better served by Lenovo—which has a rapidly growing smartphone business and is the largest (and fastest-growing) PC manufacturer in the world. This move will enable Google to devote our energy to driving innovation across the Android ecosystem, for the benefit of smartphone users everywhere. As a side note, this does not signal a larger shift for our other hardware efforts. The dynamics and maturity of the wearable and home markets, for example, are very different from that of the mobile industry. We’re excited by the opportunities to build amazing new products for users within these emerging ecosystems.

Edited January 29, 2014 by Arthur

[Arthur]

Ara is moving from Motorola to Google.

 

Motorola's Advanced Technology And Projects Group (Including Ara) Reportedly Moving To Google's Android Team « Android Police

 

Google may have just sold Motorola Mobility to Lenovo, but it seems the giant may have kept one of the manufacturer's juiciest pieces (besides patents) to itself.

 

According to Pocket-lint, Lenovo has confirmed that Google will be keeping Moto's Advanced Technology and Projects group, notably responsible for Project Ara, the modular phone project announced in October in collaboration with Phonebloks, and other experimental ventures.

[sparkeh]

Not surprising, Google wanted the patents, which they have kept, and not annoy its partners by making its own hardware.

Its all about patents these days, bit depressing really