Google will own $750 million in Lenovo after the Motorola deal finalizes

google-sells-motorola-to-lenovo-for-29-billion

When the dust settles from the Motorola acquisition by Lenovo, Google will have a $750 million stake in the company. That would put Google at owning a nearly six percent (5.94 percent) stake in Lenovo. According to information disclosed at the Hong Kong exchange, the search giant will take 618.3 shares valued at $1.213 per share. Now this isn’t to be confused as Google still owning stake in Motorola post the acquisition but the parent company itself.  Either way it looks like Google’s investing in the hardware company just a bit.

source: Reuters