Google just took to the wires and announced the sale of Motorola Mobility to Lenovo for $2.91 billion. TechCrunch obtained the following internal Google memo that outlines the reason for the sale and plan going forward.
Towards the end of the memo, Larry Page thanks the Motorola team and states the obvious that he is confident that Lenovo can drive the Motorola brand forward.
More as we get it.
CONFIDENTIAL – DO NOT FORWARD
We are just in the process of announcing the sale of Motorola to Lenovo for $2.91 billion. This is important news so I wanted to communicate directly with you.
We acquired Motorola in 2012 to help supercharge the Android ecosystem by creating a stronger patent portfolio for Google and great smartphones for users. Over the past nineteen months, Dennis Woodside and the Motorola team have done a tremendous job reinventing the company. They’ve focused on building…
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