Lenovo reportedly nearing $3 billion deal for Motorola’s handset business

According to several sources Lenovo is nearing a rather stunning deal that would put Motorola’s cellphone business in its back pocket for roughly $3 billion. Google snatched up Motorola in 2011 for $12.5 billion. Since then it’s slowly broken the company up, scaled back its device lineup and added its massive pile of patents to its legal arsenal. Now, after losing money for several years straight, Mountain View is reportedly preparing to offload the division on Chinese computer giant Lenovo. The purchase of Motorola will probably also put to bed rumors of Lenovo purchasing BlackBerry… at least for a little while. The company has been looking to step up its mobile efforts for the last couple of years, and Motorola’s existing infrastructure, patent library and brand recognition should help it make a dent here in the US.

The deal hasn’t been officially announced yet, but when (and if) it is there are bound to be plenty of questions. For one, how will the sale of Motorola to a Chinese firm effect the company’s recent efforts to bring manufacturing jobs back to the US? And how will this impact Google’s own expanding manufacturing plans in the future? Or course, we may have also just figured out how exactly Google convinced Samsung to start putting more focus on Play Services.

Filed under: Cellphones, Misc, Mobile, Google, Lenovo

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Source: Reuters