Additional reporting by Nadia Damouni, Nicola Leske and Gerry Shih

Weil, Gotshal & Manges is advising Lenovo Group on its agreement to buy Google Inc’s Motorola handset division for $2.91 billion, in what is China’s largest ever tech deal.

It is Lenovo’s second major deal on U.S. soil in a week as the Chinese electronics company angles to get a foothold in major global computing markets. Lenovo last week said it would buy IBM’s low-end server business for $2.3 billion.

To fund the acquisition of Motorola’s handset business, Lenovo will pay $660 million in cash, $750 million in Lenovo ordinary shares, and another $1.5 billion in the form of a three-year promissory note, Lenovo and Google said in a joint statement.

The Weil Gotshal team advising Lenovo is being led by Hong Kong partner Henry Ong and Silicon Valley partners Keith Flaum and Richard Climan. The team also includes technology and IP partners Jeffrey Osterman (New York) and John Brockland (Silicon Valley), tax partner Helyn Goldstein (New York), finance partner Gabriel Gregson (Silicon Valley), employment partner Paul Wessel (New York) and antitrust partner John Scribner (Washington DC).

Cleary Gottlieb Steen & Hamilton is advising Google on the transaction.

Google paid $12.5 billion for Motorola in 2012. Under this deal, which is subject to approval by both U.S. and Chinese authorities, the search giant will keep the majority of Motorola’s mobile patents, considered its prize assets.

Lenovo ranked fifth in 2013 with a 4.5 percent market share of all phones sold globally, according to research house IDC. That’s up from 3.3 percent in 2012 and virtually nil a couple years before that.

Kanishk Verghese is North Asia journalist at ALB. Follow us on Twitter: @ALB_Magazine.