Less than two years after Google’s $12.5 billion purchase of Motorola Mobility was finalized, Google on Wednesday announced that Lenovo would be purchasing Motorola Mobility in a $2.91 billion deal. Google will be retaining the vast majority of Motorola’s patent portfolio, including current patent applications and invention disclosures. Lenovo will get 2,000 patent assets as part of the deal, the Motorola brand and trademark portfolio, and licenses to the intellectual property it won’t own.
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The Motorola Shuffle: Lenovo Gets Business, Google Keeps Patents
Posted by: Rachelle Dragani January 30, 2014 11:16 AMLess than two years after Google’s $12.5 billion purchase of Motorola Mobility was finalized, Google on Wednesday announced that Lenovo would be purchasing Motorola Mobility in a $2.91 billion deal. Google will be retaining the vast majority of Motorola’s patent portfolio, including current patent applications and invention disclosures. Lenovo will get 2,000 patent assets as part of the deal, the Motorola brand and trademark portfolio, and licenses to the intellectual property it won’t own.