Motorola splits in two: Mobile Devices, and Broadband and Mobility Solutions

[DigitalDude]

Motorola splits in two: Mobile Devices, and Broadband and Mobility Solutions

The board of directors has agreed to split Motorola into two independent, publicly-traded companies. The new entities will be called Mobile Devices and Broadband & Mobility Solutions. The Mobile Devices business will focus on the design, manufacturing, and sales of mobile handsets and accessories globally. The Broadband & Mobility Solutions business covers Moto's enterprise, government, public safety, and home and networks business. Greg Brown, Motorola's president and CEO, says the reason for the split is easy, "Creating two
industry-leading companies will provide improved flexibility, more tailored
capital structures, and increased management focus - as well as more targeted
investment opportunities for our shareholders." Right, weren't those the reasons for the Palm split? The matter is of course subject to regulatory approvals, but Motorola hopes that the transaction is complete "in 2009."

P.S. We're not sure whether this is a sad or happy Moto logo day. Regardless, we went with sad until we see signs of a turnaround.

Source


bye bye moto



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[Ganeshkumar]

Thanks for sharing d news ...

lets c whether this wuld b bad move or gooood move...

[MetalheadGautham]

bye moto
atleast they could have given better names to the new companies

[DigitalDude]

Interesting info from a Motorola Insider

http://www.engadget.com/2008/03/26/m...chnology-icon/



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[DigitalDude]

Just now in NDTV gadgetsguru they were showing interviews from barcelona mobile world congress... in that motorola's south asia head was boasting about how revolutionary and future tech moto rokr was hahahaha I got a big lol out of it... the host was showering praises and saying shiny words on how motorola is a big thing in the telecommunications world hehehe

this happened a long ago but it was very funny that they happen to telecast the show today hehehe




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[naveen_reloaded]

I read somewhere today that off lately motorola's decision have been going very bad and this move is said to be worst among them!