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

February 7, 2014

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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

Jack Holt Author

Jack is a tech enthusiast who is surviving small-town Wyoming. He's a newspaper editor by trade and a blogger for fun. His phone of choice is the Galaxy Note 4 and when he's not tinkering on that, he can be found researching new tech and wondering if his wallet can sustain a new tech purchase. When he's not in front of a computer, he's out in the mountains with his dog exploring the wilderness.