Lenovo purchases Motorola Mobility for $2.9 billion— $2.9 billion
When Google sold Motorola Mobility to Lenovo in January for $2.91 billion, many questioned why they had even bought it two years prior for $12.5 billion. But the deal resonates with both parties– Lenovo now has control of Motorola’s mobile phone business, while Google gets to keep any patents garnered from the original deal for Motorola Mobility.