Motorola to Split Into Two Separate Companies
Category: Networking, MobilePosted: March 26, 2008 09:19AM
Author: Dale Shuck
Motorola has announced that it will split itself into separate publicly traded companies with one entity handling its mobile devices business and the other containing the networking and broadband products. Motorola's board began a review of its mobile phone business at the end of January as a way to increase flexibility and provide better investment opportunities for its shareolders. The move is expected to take place in 2009 as a tax-free distribution to sareholders.
