It was sure a surprise to everyone in the industry to see Lenovo bought Motorola Mobility for a bargain 2.9 billion dollars. Now, that is a lot of money, but, if you compare to what Google payed for Motorola over a year ago, this is no comparison. So, let’s broke the deal down one by one, and see if this make any sense
In the summer of 2012, Google announced their acquisition for Motorola Mobility for 13 billion dollars. Now, the moment that this deal was complete, there were a lot of controversies as to Google relationship with their partner, as well as other speculation like: who will make the Nexus 5, will Google become more like Apple, just make their own phone, etc… Now, as google said when they announced this news, they claimed that Motorola will still be working independently, and the only support Google will give them will just be financial support. And although in the past year, together, Motorola and Google had made some great product, like the Moto X and the Moto G, Motorola claimed that they were the one who thinks of the concept, and Google did not involve in any of the decisions. Also, in addition to help Motorola from sinking in that period of time, Google clearly stated that “Motorola Mobility’s patent portfolio will help protect the Android ecosystem.” In other words, Google takes these patent (which is around 15000) to use it against Apple in the patent war in court across the glob. Now, at the time, Google bought Motorola for approximately 13 billion dollars, so, with the money that they got back from Lenovo, all the patents that Google bought would value at around 9-10 billion dollars. Now, it was clear that what Google benefit from Motorola was patent.