Selling Motorola, Google Splashed 6% Stake in Lenovo
Follow @mibimiboSelling Motorola, Google Splashed 6% Stake in Lenovo | A week after the official Motorola sells for USD 2.91 billion, the latest facts related sticking agreement between Google and Lenovo. In addition to obtaining cash, Google is known also will get a 6% stake in Lenovo. This blog about Information Technology and The Latest Gadgets.
The agreement was revealed in a report received by the market authority in Hong Kong. Quoting the BBC page, Google reportedly will have about 618.3 million USD worth of Lenovo shares 1,213 per sheet.
In other words, Google will receive cash of $ 600 million and the rest of the $ 750 million worth of shares and bonds worth $ 1.5 billion.
Strangely after Lenovo officially announced the purchase of Motorola Mobility, China-based company has lost 24% of its market value. Post buying Motorola, Lenovo expected to prepare something more substantial in the smart phone industry.
But some analysts even pessimistic with Lenovo's decision to buy Motorola. Analysts predict the Beijing-based company will have difficulty in generating profit this gracious Motorola handset business.
Although it has been selling and licensing patents devices division of Motorola Mobility, but I know they are entitled to a number of patents owned by Motorola. Patents Moto Advanced Technology and Project Group is one which is still maintained by the Internet giant.
See also :
Apple Prepare New Innovative Product Category
The agreement was revealed in a report received by the market authority in Hong Kong. Quoting the BBC page, Google reportedly will have about 618.3 million USD worth of Lenovo shares 1,213 per sheet.
In other words, Google will receive cash of $ 600 million and the rest of the $ 750 million worth of shares and bonds worth $ 1.5 billion.
Strangely after Lenovo officially announced the purchase of Motorola Mobility, China-based company has lost 24% of its market value. Post buying Motorola, Lenovo expected to prepare something more substantial in the smart phone industry.
But some analysts even pessimistic with Lenovo's decision to buy Motorola. Analysts predict the Beijing-based company will have difficulty in generating profit this gracious Motorola handset business.
Although it has been selling and licensing patents devices division of Motorola Mobility, but I know they are entitled to a number of patents owned by Motorola. Patents Moto Advanced Technology and Project Group is one which is still maintained by the Internet giant.
See also :
Apple Prepare New Innovative Product Category
