Motorola sells off its EMEA cable modem business
News broke yesterday that Motorola has reached a deal to sell its EuroDOCSIS cable modem business to Taiwan's Compal Electronics.
Although financial details of the deal were not revealed, Compal will get access to Motorola's standalone DOCSIS modems in addition to its voice-optimized embedded multimedia terminal adapters (E-MTAs) and WiFi-enabled broadband gateways.
Although Motorola will continue to support cable technology in its Americas and Asia Pacific regions, it apparently started to transfer the product inventory to Compal on Jan. 5.
The sale of its European DOCSIS operations comes amidst rumors that Motorola is going to sell off its Home and Networks Business, a sale that could potentially fetch the company a cool $4.5 billion. Avian Securities analyst Matthew Thornton points out in a Reuters article that Motorola's sale of its European DOCSIS unit shows that the company isn't going to sell the whole Home and Networks business unit to one buyer, but rather in pieces.