Lenovo To Buy Motorola Mobility From Google For $2.91 Billion

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TechCrunch has confirmed reports that Lenovo is buying Motorola Mobility from Google. This is the division within Google that the company purchased in 2011 for $12.5 billion. Motorola Mobility will go to Lenovo for $2.91 billion.

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I'm surprise  Lenovo bought Motorola Mobility for $3 billion, and not bargain for a cheaper price like 1-2 billion or a few hundred million dollars.

I almost never see anyone use Motorola phones in public. I mostly see people use iPhones, LG, Samsung, and cheaper lesser known phones made by Blackberry, Nokia, Huawei, ZTE, and cheap phones which sell for $60-100 on a prepaid plans.

I think I'm still less likely to buy a Motorola phone if I needed a cell phone since there are cheaper phones from Huawei, LG, ZTE and Blackberry. Plus, there are better more expensive phones from Apple, and Samsung.
 
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