Tuesday, January 17, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Airbus Could Build A 'Flying Car' This Year
Intel Unveils New Intel Responsive Retail Platform, Announces $100 Million Investment Plan
Raspberry Compute Module 3 Launched
SpaceX Sends Satellites into Orbit
LG Touts Safety Features OF G6 Smartphone
Nintendo Switch Coming In March For $299
YouTube Super Chat Lets You Pay to Pin comments On Live Streams
Samsung Adds New Capabilities And Categories To Their Mobile Alliance Program
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > Mobiles > Motorol...
Last 7 Days News : SU MO TU WE TH FR SA All News

Wednesday, March 26, 2008
Motorola To Split Into Two Companies


Motorola said on Wednesday it would split into two publicly traded entities to separate its loss-making handset division from its other businesses, sending its shares up more than 10 percent.

The move would take the form of a tax-free distribution to Motorola's shareholders and is expected to be completed in 2009, the company said.

Motorola has been losing handset market share and is now ranked third in the world. The two entities it plans to split into are Mobile Devices, and Broadband & Mobility Solutions. The latter consists of its network equipment, enterprise and public safety businesses.

It said the creation of two companies would improve flexibility, increase management focus and provide more targeted investment opportunities for shareholders.


Previous
Next
Blu-ray Sales Hit Record in Japan in February        All News        Microsoft Punishes Xbox 360 Gamerscores Cheaters
Motorola Splitting Off Troubled Handset Business     Mobiles News      SanDisk Promotes DRM-Free Music from More Than 50 Emerging and Critically Acclaimed Artists on microSD Card

Get RSS feed Easy Print E-Mail this Message

Related News
Motorola Introduces New Moto Z Play and Hasselblad True Zoom
Lenovo To Release Motorola Modular Smartphone
Motorola Moto 360 Sport Watch Launching Next Month
Droid Turbo 2 Coming In Europe As The Moto X Force
Motorola Introduces New DROID Turbo 2 and DROID Maxx 2
Motorola Outlines Android Marshmallow Update Plans
This Is The New Moto 360
Silver Lake To Invest $1 billion To Motorola
Motorola Unveils New Moto G, Moto X Play and Moto X Style Android Phones
Motorola Teases With July Event
Motorola Puts Life-Saving Data in the Palm of Your Hand
New Moto E LTE Smartphone Start shipping on For $150

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .