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Motorola To Split In Two

February 13th, 2010 02:00 admin Leave a comment Go to comments

Hugh Pickens writes “The NY Times reports that Motorola plans to reorganize itself into two independent publicly held companies by the first quarter of 2011. The first company will own the Motorola brand and will include Motorola’s mobile handset unit and home set-top box business. This new company will focus on the ‘three screens’ lifestyle envisioned by carriers like AT&T and Verizon, where customers would watch content on TV, on their computers, and on their mobile phones. The other company emerging from the split will include Motorola’s wireless networking business and its enterprise radio systems operations. The wireless networking business would likely be sold off, leaving the second company with its profitable enterprise radio systems business, which generated $7 billion of the company’s $22 billion in sales in 2009.”

Source: Motorola To Split In Two

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