What Google's Sale of Motorola to Lenovo Means for the Companies

Google’s decision to sell Motorola Mobility for $2.91 billion to Lenovo is described by some as a huge loss for the search giant, which paid $12.5 billion for the company in 2011. However, upon further examination, the supposed $9.6 billion loss may be much less than it appears, and the deal itself could work to bolster the long-term strategies of both companies

We have to remember that Google sold the Motorola Home unit for $2.35 billion in cash and stock to communications-technology company Arris last year. What's more, the 2011 Motorola deal afforded Google a tax break worth $1 billion, and gave the company access to Motorola’s $3 billion in cash, according to Reuters Read more...