Motorola Overhauls Separation Strategy
Feb 10, 2010, 4:47 PM by Eric M. Zeman
The Wall Street Journal today reports that Motorola has re-evaluated its plan to sell off different pieces of its business. Motorola originally hoped to sell off either the handset division, or its cable set-top-box and wireless networking division. Now, Motorola believes it will be better to sell the wireless networking business by itself, and then spin off its mobile handset and set-top-box businesses together as a separately traded company. Citing informed sources, the Journal says that this plan of action came together in the last days of January in a series of high-level meetings. If this plan comes to fruition, the new Motorola (handsets and cable STBs) would be one-third the size of Motorola's current organization.
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Kind of like PCD being UTStarcom's former handset division, they were...
I'm willing to guess...