Google sells Motorola to Lenovo

An expensive mistake by Google could turn into a golden opportunity for China’s Lenovo Group as it expands beyond its success in the personal computer industry.

Google is ridding itself of a financial headache by selling Motorola Mobility’s smartphone business to Lenovo for $2.9bn. The deal comes less than two years after Google bought Motorola Mobility for $12.4bn in the biggest acquisition of Google’s 15-year history.