Lenovo continues buying spree with $2.9bn Motorola deal

Lenovo buys lossmaking Motorola from Google, gaining a foothold into the handset market in the US and Latin America.

Denise Wee

January 30, 2014

Lenovo, the world’s largest PC maker, continued its buying spree on Thursday, buying the Motorola handset business from Google for $2.9 billion. Less than a week ago, the Chinese company struck a deal to acquire IBM’s low end server unit for $2.3 billion.

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