BLOOMBERG Bloomberg West January 30, 2014
The patents but hardware, some 2,000 patents and trademark portfolio going to lenovo. First new phone to come out of the deal was moto x that came out last year. Has not been a big hit. Multiple price cuts. Meantime lenovo is on major acquisition spree, making this deal just days after buying ibms low server business. The deal does still need to be approved in the u. S. And china. Googles c. E. O. Said in a blog post, this will enable google to devote our energy to drive innovation across the android ecosystem for the benefit of smart phone users everywhere. On a side note, this does not signa...