Phone Scoop

printed September 21, 2014
See this page online at:
http://www.phonescoop.com/articles/article.php?a=11051

Home  ›  News  ›

Google Looking to Sell Motorola Cable Box Business

Article Comments  

Aug 29, 2012, 5:14 PM   by Eric M. Zeman

Google has hired Barclays to help it shop around Motorola's cable set top box business, according to sources cited by Reuters. Google came to own the cable box business when it finalized its purchase of Motorola Mobility earlier this year. Bloomberg's sources say talks are in the early stages, but the sale could fetch Google as much as $2 billion. Earlier this month, Google announced plans to slash Motorola's workforce, relocate its headquarters, consolidate business units, and focus on making high-end mobile devices. Google's new direction for Motorola makes the cable box business unnecessary. Google hasn't confirmed Bloomberg's story, but Motorola attempted to sell the cable business several years ago before it split into two separate companies.

more info at Bloomberg »

AD

Comments

Forum Options

This forum is closed.


Subject Author Date
No messages.
 
 
Page  1  of 1

This forum is closed.

Subscribe to Phone Scoop News with RSS Follow @phonescoop on Twitter Phone Scoop on Facebook Phone Scoop on Google+ Subscribe to Phone Scoop on YouTube Follow on Instagram

 

All content Copyright 2001-2014 Phone Factor, LLC. All Rights Reserved.
Content on this site may not be copied or republished without formal permission.
1