Friday, March 06, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Three People Charged with One of the Largest Reported Data Breaches in U.S. History
GIGABYTE Launches New X99 Champion Series Motherboards
ASUS Announces New GR8S Steam Machine
Windows Also Vulnerable to FREAK Encryption Flaw
Fujitsu Technology Recognizes Faces Appearing In Low-Resolution Images
Apple Allowed App Developers Fine-tune Apps Before Watch Debut
Google Introduces Insurance Shopping Site
U.S. Trade Office Releases Latest Notorious Markets List
Active Discussions
Hello
Newbie
Need serious help!!!!
burning
nvidia 6200 review
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
 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
New Moto E LTE Smartphone Start shipping on For $150
Motorola Considers Sale: reports
Motorola Returns To The Chinese Market with Three New Phones
Motorola Returns to China with Moto X, Moto X Pro and Moto G
Find Your Phone With The Motorola Keylink
Android Lollipop Rolling Out to Moto X, Moto G
Moto 360 Gets New Straps, Watchface Designer and Fitness Hub
Motorola Becomes Part Of Lenovo
Motorola DROID Turbo Smartphone Charges In Minutes
Motorola Droid Turbo Rocks With Impressive Specs
Motorola Launches Moto 360 Smartwatch, New Moto X, Moto G Smartphones, And The Moto Hint
Motorola Said To Make Google's Next Phablet

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .