Motorola to split into two

Motorola's on-again and off-again plans about how it will divvy up its properties--details about which began to emerge last November--were put to rest yesterday when the company announced that it will break itself up into two independent, publicly traded companies.

Set to be completed in Q1, the new split effectively quells any rumors that Chinese rival Huawei could get a piece of the business as speculated in various industry reports.

Under the new two-tier structure, Motorola's Mobile devices and Home business will continue to offer set top boxes and mobile devices, while the Enterprise Mobility Solutions and Networks will continue to sell wireless networking gear. Previously, Motorola thought of separating its mobile unit from the rest of the company.   

Dr. Sanjay Jha, co-chief executive officer of Motorola, Inc., will become CEO of Motorola's Mobile Devices and Home businesses, while his colleague Greg Brown will become CEO of the Mobility Solutions and Networks unit.

For more:
- see the release here
- Cable Digital News has this analysis

Related articles
Motorola comes closer to spinning off cable, wireless units
Motorola puts STB unit sale on hold
Equity firms eye Motorola's STB unit
Motorola may spin off its cable business
Analyst: Motorola could split four ways next year

Suggested Articles

According to Synergy Research Group, as of the middle of this year, there are 541 hyperscale data centers with another 176 in the pipeline.

Due to increased connectivity demand into Asia-Pacific, Telstra is beefing up its network infrastructure in the U.S. by adding two points-of-presence.

Adtran is provisioning multi-gigabit speeds in rural Mississippi through the deployment of its XGS-PON technology.