Lenovo closes the deal to buy Motorola from Google
Lenovo has absorbed Motorola with the closing of its $2.91bn purchase from Google of the Android phone maker. In a statement from the president of Motorola, the company will continue operations from its HQ in Chicago, and operate as a subsidiary of Lenovo.
Google retains ownership of Motorola's vast portfolio of patents, which are licensed to Lenovo as part of the deal.
Nexus 6 sells out in minutes
The latest flagship phone from Google went on sale this week and sold out of existing inventory in just a few minutes. While no details were given on how many phones that involved, it's still impressive that the Nexus 6 sold out so quickly.
It's important to note that the sell-out was of the $649 unlocked version sold by Google, and not carrier-subsidized versions of the phone.
The Nexus 6 is made for Google by Motorola, making it the first Lenovo Nexus phone due to the acquisition of Motorola by Lenovo.
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