By selling Motorola, Google is shifting to what it does best and is an acknowledgment that Google is better off focusing on its core competencies — making software and selling ads — particularly as the profit margins for phones are shrinking all across the world
Its the end of the Google’s Tryst with Motorola Mobility”.Motorola has just been jettisoned and dumped by Google, which the Search Giant acquired 2 years ago for a record $12.6 billion .
Motorola’s new parent will be Lenevo ,who paid $ 2.9 billion to Google for buying off the earstwhile Mobile Giant . So does that mean that Google failed to integrate Motorala’s patents and its hardware Legacy ecosystem? Does this also signal the end of ” Google’s Mobile Web Initiatives to take over the ” Mobile OS/.HS specially the hardware ( operating system and Hardware)
However Industry experts remain baffled about Google selling Motorola phone business to Lenovo for $2.9 billion – “Google is selling Motorola’s smartphone business to Lenovo for $2.9 billion, a price that makes Google’s biggest acquisition look like its most expensive mistake according to a tech journal
The sell off allows ” Google ” clear the financial mess headache that has plagued the internet company since buying Motorola Mobility for $12.4 billion in 2012.However Google is also keeping most of the patents that came with the Motorola purchase.
In the “Meantime “Motorola has lost nearly $2 billion since Google took over, while trimming its workforce from 20,000 to 3,800.
Google had previously sold company’s set-top operations last year to Arris Group Inc. for $2.35 billion. Google is also keeping most of the patents that came with the Motorola purchase.
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