Motorola Planning to Sell Set-Top Box Business
According to the Wall Street Journal, Motorola is exploring the possible sale of its set-top box and wireless networking businesses. Motorola operates a number of different business units, including ruggedized handhelds, wireless networking equipment and cable boxes, and its mobile handset unit. The company had previously announced its intent to split into two smaller operations, though it was believed at the time that Motorola would sell of its handset division. The Wall Street Journal's sources indicate that Motorola seeks about $4.5 billion for the cable box and networking business, which is being guided by J.P.Morgan Chase and Goldman Sachs. The set-top box and wireless networking division became the biggest portion of Motorola's business this year.
Review: Motorola Droid Maxx 2 for Verizon Wireless
The Maxx 2 is the less expensive of Motorola's two new Droid handsets for Verizon Wireless, but it is still a competitive offering. This Android smartphone impresses with excellent build quality and a battery that delivers on Motorola's promises.
Motorola Solutions Acquires PTT Provider Kodiak Networks
Motorola Solutions today said it has agreed to acquire Kodiak Networks for an undisclosed sum. Motorola Solutions is the not the Lenovo-owned company behind Motorola smartphones; rather, Motorola Solutions is a separate corporation that handles first-responder and push-to-talk hardware, and wireless networking equipment.
Lenovo to Slash 3,200 Jobs After Motorola Sales Slide
Lenovo today said it plans to reduce its headcount by as many as 3,200, or about 10%, as it looks to reduce expenses. The company reported earnings and said sales across its various business units dropped by 9% during the quarter.
Motorola's Moto E4 Hits Verizon Prepaid June 22
Motorola today said its recently announced Moto E4 smartphone will go on sale June 22 in the U.S. The handset will be sold by Verizon Wireless Prepaid online for $70.
What are they thinking?
A decade from now, the set top box business may be defunct, as consumer electronics companies continue to build IP and/or two way communications capabilities directly into TVs, DVRs, etc. And, hopefully, it will go the way...