Motorola Splits, Spins Off Mobile Phone Division
Last month came the surprising news that Motorola, a leader in the cell phone industry since its inception, was looking to cut ties and get out. It was looking for a buyer for its handset business so that the company could continue on to focus on other, presumably more profitable things. Those plans have apparently not come to fruition just yet, so the company is taking another route: spinning its mobile devices wing off into a wholly separate corporate entity.Motorola will now be two separate and publicly traded companies. The first will be called Mobile Devices, a company focusing on cell phones and other gadgets that fit in your pocket. The other company will be Broadband and Mobility Solutions, focusing on the company's sizable business relating to home, corporate, and government networking.
What the future holds for the two companies remains to be seen, particularly given the company's recent attempts to sell the mobile wing. A sale could still be in the cards for the newly independent RAZR makers, which could mean the end of the angled M on handsets. Or, perhaps the newly liberated designers and engineers will come up with a new, even thinner phone that will take the market by storm, making the big wigs at Mobility Solutions wish their attentions had never strayed.
From Engadget
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