(Ping! Zine Web Tech Magazine) – After a year and a half of acquiring the rights to Motorola, Google has announced that the company is selling its Motorola divisions to Lenovo for $2.91 billion.
Google CEO, Larry Page, revealed that the company sold Motorola so that they can focus on its Android operating system, Forbes reports.
“Motorola will be better served by Lenovo—which as a rapidly growing smartphone business and is the largest (and fastest-growing) PC manufacturer in the world,” stated Page. “This move will enable Google to devote our energy to driving innovation across the Android ecosystem, for the benefit of smartphone users everywhere.”
Known for its smart devices, like Google Glass, Page noted that selling Motorola will not cause the company to shift its priority from the manufacturing of smart devices.
“The dynamics and maturity of the wearable and home markets, for example, are very different from that of the mobile industry. We’re excited by the opportunities to build amazing new products for users within these emerging ecosystems.”
Additionally, Google will keep the majority of Motorola’s patents, in which will be used to “defend the entire Android ecosystem.”
Motorola Mobility was purchased in 2012 for $12.5 billion, making it Google’s biggest purchase ever.