Motorola To Split In Two - Handheld and Services Company

[Ed Hansberry]

http://www.prnewswire.com/cgi-bin/s...04780238&EDATE=

Motorola, Inc. today announced that the Company's Board of Directors has commenced a process to create two independent, publicly-traded companies. Today's decision follows the Company's January 31, 2008 announced evaluation of the structural and strategic realignment of its businesses and represents affirmative steps to position its Mobile Devices and Broadband & Mobility Solutions businesses for success, while creating value for all Motorola shareholders.

Both the Mobile Devices company and the Broadband & Mobility Solutions company will be publicly traded. The Mobile Devices company will obviously focus on the devices while the Broadband & Mobility Solutions company will handle voice and data network solutions for governments, enterprises and consumers. The transaction is expected to be completed in 2009.

[Ed Hansberry]

http://www.prnewswire.com/cgi-bin/s...04780238&EDATE=

Motorola, Inc. today announced that the Company's Board of Directors has commenced a process to create two independent, publicly-traded companies. Today's decision follows the Company's January 31, 2008 announced evaluation of the structural and strategic realignment of its businesses and represents affirmative steps to position its Mobile Devices and Broadband & Mobility Solutions businesses for success, while creating value for all Motorola shareholders.

Both the Mobile Devices company and the Broadband & Mobility Solutions company will be publicly traded. The Mobile Devices company will obviously focus on the devices while the Broadband & Mobility Solutions company will handle voice and data network solutions for governments, enterprises and consumers. The transaction is expected to be completed in 2009.

[Rocco Augusto]

Makes perfect sense. Though I was suspecting someone to just come in buy Motorola... which can still possibly happen if someone wanted to purchase their handset company now, huh?

[Darius Wey]

Originally Posted by Rocco Augusto

Makes perfect sense. Though I was suspecting someone to just come in buy Motorola... which can still possibly happen if someone wanted to purchase their handset company now, huh?

Thinking of going shopping soon, Rocco?

[JonnoB]

I keep telling my friends.... If Motorola had released the MPX300 on time and with more memory, things would be different for them. It just goes to show how volatile the mobile market can be. It was only a few years ago that the Razor was all the rage and Motorola was doing well in the mobile handset business.

[Rocco Augusto]

Originally Posted by Darius Wey

Thinking of going shopping soon, Rocco?

Maybe. I can see it now - Rocco: Dying handset maker owner