Do not panic. We accept late submissions for TechCrunch50, but please submit soon. »
CG News: Motorola splits
by John Biggs on March 26, 2008

In a clear move to keep Motorola’s flagging mobile phone sales from pulling down its lucrative broadband and switching enterprise services the company is splitting into two publicly-traded organizations. The Mobile Devices company will focus on mobile handsets while the Broadband and Mobility solutions sector will work on secure voice and data communication along with broadband for enterprises and government.

Motorola shareholders will receive shares in each of the companies once the process is completed.

Comments rss icon

Leave Comment

Commenting Options

Enter your personal information to the left, or sign in with your Facebook account by clicking the button below.

Alternatively, you can create an avatar that will appear whenever you leave a comment on a Gravatar-enabled blog.

Trackback URL
bugbugbug
The CrunchBoard
  • MediaTemple Logo
  • QuickSprout Logo
  • OpenX Logo
  • Cotendo Logo