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Google has confirmed it is selling Motorola Mobility to China’s Lenovo for nearly $3 billion. So who is the real winner in this deal? Read on for varied analyses of why Google is holding on to Motorola Mobility’s patents, but not its handsets.

Why Google just sold Motorola to Lenovo for $3 billion
— Quartz

Google ends its Motorola misadventure
— Bloomberg Businessweek

Nuclear stand down: Google, Samsung, and the sale of Motorola Mobility
— Ars Technica

Lenovo to buy Motorola: A bittersweet, logical deal for everyone concerned
— TIME

Lenovo-Motorola deal: For Google, it’s still all about the patents
— ZDNet