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Goodbye Moto! Google sells handset unit to Lenovo
Google has sold its Motorola handset unit to China's Lenovo for $2.9 billion.
This is Lenovo's second big U.S. deal in a week. It also agreed to buy IBM's low-end server business for $2.3 billion.
Google paid $12.5 billion for Motorola in 2012.
A 'vast majority' of the firm's patents will stay with Google.
The deal will help Lenovo compete in developed markets with Samsung and Apple.
But selling Moto may also mean a tighter Google/Samsung relationship.
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