Google buys 6% stake in Lenovo for $750 million

Internet search company Google bought a 5.94 percent stake in Lenovo last month for $750 million, according to a disclosure on the Hong Kong stock exchange.
Google
Google acquired 618.3 million Lenovo shares at $1.213 per share on January 30, the stock exchange said late on Thursday.

Lenovo agreed to buy Google’s Motorola handset division last week for $2.91 billion in a cash and stock deal, Reuters reported.

editor@infotechlead.com

0 0 votes
Article Rating
Baburajan Kizhakedath
Baburajan Kizhakedath
Baburajan Kizhakedath is the editor of InfotechLead.com. He has three decades of experience in tech media.
Subscribe
Notify of
0 Comments
Oldest
Newest Most Voted

Latest

More like this
Related

8 Best Postgres CDC Tools for 2026

Postgres CDC is easy to demonstrate. Insert a row...

TCS Wins ₹122.6 Crore Odisha AI Governance Deal to Build OSWAS 3.0 for 50,000 Users

Tata Consultancy Services (TCS) has secured a ₹122.6 crore...

Anil Chakravarthy Profile: Adobe’s New CEO Brings AI, Cloud and Enterprise Software Leadership

Adobe has named Anil Chakravarthy as its next president...