Lenovo and Google have just made the acquisition official,
Lenovo will reportedly finance the deal with cash, stocks and deferred payments to Google. For Lenovo, which has been rumoured to be in talks of many high profile acquisitions in the talks, this is a great entry point into the US market, which is arguably a very tough nut to crack for many Asian companies. On the other hand, Google is giving up its only loss making division, and at the same time, withholding a lot of useful patents that might shield it against further abuse through litigation. The comparatively low price of the Lenovo deal might seem like a disaster, but considering that Lenovo gets only some of the patents and the initial notion that Google bought Moto just for the patents, makes a lot of sense.
With the deal yet to go official, we are vague on the details, but as of now, only it makes more sense. Lenovo gets it pass into the US market and Google gets to keep its patents, is this a win-win for both the companies? More reporting to follow