Lenovo to Buy Google’s Motorola for $2.91 Billion

The deal ends Google’s short-lived foray into making consumer mobile devices and marks a pullback from its largest-ever acquisition. Google paid $12.5 billion for Motorola in 2012. Under this deal the search giant will keep the majority of Motorola’s mobile patents, considered its prize assets.

On the positive side, and $9.5 billion later, Google is cutting its losses.