Google Ends Its Motorola Misadventure
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It looks like a rare misadventure of Google’s Larry Page era is about to come to an end. Google says it is selling its Motorola handset business to the Chinese computer maker Lenovo for around $2.91 billion.
In May 2012, Page, then the newly installed chief executive of Google, acquired the storied handset maker Motorola Mobility for $12.5 billion. The company appointed longtime executive Dennis Woodside to the helm of the new subsidiary and talked about using the new hardware arm to push the boundaries of its Android mobile operating system.