January 29, 2014: Google Sells Motorola Mobility
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Google owned Motorola Mobility for only 2 years before deciding to sell it off. They chose to sell to Lenovo for $2.91 billion. A major change in the $12.5 billion acquisition they made in 2011. But of course that was after Google striped the company down a little and sold items like their cable modem division to Arris Group.
The deal was completed on October 30, 2014. In return, Motorola developed the Nexus 6 – Google’s six-inch smartphone that debuted in November 2014.
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