Google’s Motorola adventure came to an abrupt end today, as the search giant unloaded the smartphone maker for a more than $7 billion loss. It’s the best money Google ever lost according to Wall Street, which never liked the acquisition.
Google sold Motorola Mobility to Lenovo for $2.9 billion, less than two years after it bought the US hardware manufacturer for $12.5 billion.
CEO Larry Page is taking a $7.2 billion hit from Google’s ill-fated acquisition.
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