Earlier this year Lenovo announced that had agreed to purchase Motorola Mobility from the Google, for $2.91 Billion.
Google has paid for Motorola 12.5 Billion in 2012. However Google has kept all Motorola’s patents and they were not included in the deal with Lenovo.
Reuters is reporting that the deal has now been finalized and Motorola is sharing the news on their official blog saying “Hello, Lenovo!”. Motorola would’t lose their identity under Lenovo and the iconic Motorola brand will continue, as will the Moto and DROID franchises.