Engadget http://www.engadget.com Engadget http://www.blogsmithmedia.com/www.engadget.com/media/feedlogo.gif Engadget http://www.engadget.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Motorola split wraps up on January 4th]]>http://www.engadget.com/2010/11/30/motorola-split-wraps-up-on-january-4th/http://www.engadget.com/2010/11/30/motorola-split-wraps-up-on-january-4th/http://www.engadget.com/2010/11/30/motorola-split-wraps-up-on-january-4th/#commentsJust in time for CES, eh? We knew it was happening at some point in January, and Motorola has just announced that it'll formally be split into two companies as of January 4th, 2011. Actually, that's not technically accurate: Motorola Mobility -- the phone and set-top box guys -- will be spun off into their own entity, while the parent company will change its name from Motorola to Motorola Solutions, responsible for the company's infrastructure businesses. Shareholders of the current company as of December 21st will receive one share of Mobility for every eight shares they've got in their possession right now, while the remainder of the company will enact a 1-for-7 reverse split; as of the 4th, you'll be looking at two stock symbols: MMI for Mobility and MSI for Solutions. So... who's buying? Follow the break for the official press release.

Continue reading Motorola split wraps up on January 4th

Motorola split wraps up on January 4th originally appeared on Engadget on Tue, 30 Nov 2010 17:19:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>breaking newsBreakingNewsmotomotorolamotorola mobilitymotorola solutionsMotorolaMobilityMotorolaSolutionssplitTue, 30 Nov 2010 17:19:00 EST<![CDATA[Motorola targeting January to finalize split]]>http://www.engadget.com/2010/11/15/motorola-targeting-january-to-finalize-split/http://www.engadget.com/2010/11/15/motorola-targeting-january-to-finalize-split/http://www.engadget.com/2010/11/15/motorola-targeting-january-to-finalize-split/#commentsThough Sanjay Jha is clearly the more visible of Motorola's two co-CEOs, it was his stealthier counterpart, Greg Brown, who mentioned during an analyst conference today that they're looking to wrap up the company's split in January of next year. Brown had already been tapped to head up Motorola Solutions -- one half of the post-split aftermath with $5.3 billion in cash and $2.9 billion in debt -- and he's saying that his company's independent identity "effectively starts today." The handset guys over at Motorola Mobility, meanwhile, have been filing devices with the FCC under their post-split name for a while, but let's be honest: we're still going to know all this stuff as "Motorola"... and that's probably exactly how they want it.

Motorola targeting January to finalize split originally appeared on Engadget on Mon, 15 Nov 2010 15:39:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>motomotorolamotorola mobilitymotorola solutionsMotorolaMobilityMotorolaSolutionssplitMon, 15 Nov 2010 15:39:00 EST<![CDATA[Motorola's phone unit starts filing with FCC under post-split name]]>http://www.engadget.com/2010/10/06/motorolas-phone-unit-starts-filing-with-fcc-under-post-split-na/http://www.engadget.com/2010/10/06/motorolas-phone-unit-starts-filing-with-fcc-under-post-split-na/http://www.engadget.com/2010/10/06/motorolas-phone-unit-starts-filing-with-fcc-under-post-split-na/#comments Divorces certainly can be long, drawn-out processes, can't they? Yes, granted, Motorola's oft-ballyhooed split into two companies is a totally amicable one designed primarily to optimize the chances of the phone unit's survival, but the fact remains that this whole process has been going on since 2008... and it's not over yet. One little step happened this week, though: the phone unit up until this point had been filing RF test reports with the FCC under the name "Motorola Inc.," but they're now filing as "Motorola Mobility, Inc.," which is the name of the phone-focused spinoff. Of course, survival can't be assured (or even be made possible) without a never-ending torrent of awesome hardware... so you're not off the hook yet, guys.

Motorola's phone unit starts filing with FCC under post-split name originally appeared on Engadget on Wed, 06 Oct 2010 22:45:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>fccmobilemotomotorolamotorola mobilityMotorolaMobilitysplitWed, 06 Oct 2010 22:45:00 EST<![CDATA[Motorola's split plan calls for a debt-free, cash-heavy mobile unit]]>http://www.engadget.com/2010/06/18/motorolas-split-plan-calls-for-a-debt-free-cash-heavy-mobile-u/http://www.engadget.com/2010/06/18/motorolas-split-plan-calls-for-a-debt-free-cash-heavy-mobile-u/http://www.engadget.com/2010/06/18/motorolas-split-plan-calls-for-a-debt-free-cash-heavy-mobile-u/#commentsMoto's composed of a number of fairly distinct divisions that produce vastly different kinds of hardware for different industries; some are cash cows, others -- namely the handset and set-top box units -- aren't. It looks like the company is preparing a pretty radical plan for its upcoming split that would call those underperforming divisions to get most of the cash reserves and almost none of its debt. Actually, neither Motorola Mobility nor Motorola Solutions (as they'll likely be known) will see much of the combined company's current debt load, as they're currently undertaking a massive debt buyback; afterward, Mobility will allegedly be cut a check for somewhere between $3 and $4 billion to go about its high-stakes business in the ultra-competitive smartphone game. The idea is to position both post-split companies with as much leverage as possible for acquisitions and low-cost borrowing. Solutions shouldn't have a problem, as its businesses already generate the overwhelming majority of Moto's cash -- but for Mobility, this should give the lil' sprout the best chance it has for survival.

Motorola's split plan calls for a debt-free, cash-heavy mobile unit originally appeared on Engadget on Fri, 18 Jun 2010 14:55:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>motomotorolasplitFri, 18 Jun 2010 14:55:00 EST<![CDATA[Motorola to roll out revised plan, schism not so clear-cut anymore]]>http://www.engadget.com/2010/02/10/motorola-to-roll-out-revised-plan-schism-not-so-clear-cut-anymo/http://www.engadget.com/2010/02/10/motorola-to-roll-out-revised-plan-schism-not-so-clear-cut-anymo/http://www.engadget.com/2010/02/10/motorola-to-roll-out-revised-plan-schism-not-so-clear-cut-anymo/#commentsRemember Motorola's decision to pause the sale of its largest division? Change of plans again, folks. According to The Wall Street Journal, the company's getting ready to reveal a new initiative, whereby it still sells its wireless networking business, but the set-top box and core handset business would instead be spun off into a new, publicly-traded company. That'd invariably leave a pretty small Motorola -- less than one-third its current size in terms of sales, selling primarily public-radio system and bar-code scanners. Would the newly-minted company get a new name, logo, and series of catchy, name-inspired puns? Our guess is it'd retain the Moto name -- why waste such good branding -- but it's not confirmed either way. Plans are still being finalized, but we're watching this closely.

Motorola to roll out revised plan, schism not so clear-cut anymore originally appeared on Engadget on Wed, 10 Feb 2010 17:39:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>motomotorolaschismset top boxSetTopBoxspin offspin-offSpinOffsplitWed, 10 Feb 2010 17:39:00 EST<![CDATA[Motorola pauses split to mull options]]>http://www.engadget.com/2010/01/14/motorola-pauses-split-to-mull-options/http://www.engadget.com/2010/01/14/motorola-pauses-split-to-mull-options/http://www.engadget.com/2010/01/14/motorola-pauses-split-to-mull-options/#commentsAmazing what a little success will do to a company, isn't it? The Wall Street Journal is reporting today that Motorola has put the brakes on its search for a buyer for its Home and Networks Mobility division that's responsible for the company's set-top boxes and network infrastructure equipment. It's easy to see why this might be a good time for Moto to pause and take stock of its situation -- while no one's even close to calling the Mobile Devices division's turnaround complete, the focus on Android appears to have injected fresh interest (and commercial success) in a lineup plagued with countless duds just a year ago. Apparently the company is also discouraged by the fact that suitors have lowballed Motorola's expected sale price by a billion or two, but make no mistake, the split isn't off altogether -- the executive board is expected to convene in the next few days to figure this all out before the next round of bidding is due in February. Stay tuned -- by the end of the year, we could realistically be looking at one, two, or even three Motos depending on how this goes down.

Motorola pauses split to mull options originally appeared on Engadget on Thu, 14 Jan 2010 18:13:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>motomotorolasalespin offspin-offSpinOffsplitThu, 14 Jan 2010 18:13:00 EST<![CDATA[Motorola to reorganize home and networks mobility business]]>http://www.engadget.com/2008/07/28/motorola-to-reorganize-home-and-networks-mobility-business/http://www.engadget.com/2008/07/28/motorola-to-reorganize-home-and-networks-mobility-business/http://www.engadget.com/2008/07/28/motorola-to-reorganize-home-and-networks-mobility-business/#commentsSo we waffled on whether to go with a sad Moto or happy Moto face, but as we've stated in the past, we suppose we'll keep on keepin' on with the former until something marvelous happens. Nearly four months to the day after Motorola split in two, along comes word that the separated home and networks division will now be segmented into three distinct units: broadband home solutions, broadband access solutions and cellular networks. According to a statement put out by the firm, the "organizational change will ensure that home and networks mobility remains agile, focused and ideally aligned to realize its growth potential," which is about as canned a statement as you could ever hope for. We've heard that three's company, but who knows how it'll play out here.

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Motorola to reorganize home and networks mobility business originally appeared on Engadget on Mon, 28 Jul 2008 00:26:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>broadbandbusinessfor saleForSalehome and networks mobilityHomeAndNetworksMobilityindustryMotorolareorganizesalesplitstrategyMon, 28 Jul 2008 00:26:00 EST<![CDATA[Motorola splits in two: Mobile Devices, and Broadband and Mobility Solutions]]>http://www.engadget.com/2008/03/26/motorola-splits-in-two-mobile-devices-and-broadband-and-mobili/http://www.engadget.com/2008/03/26/motorola-splits-in-two-mobile-devices-and-broadband-and-mobili/http://www.engadget.com/2008/03/26/motorola-splits-in-two-mobile-devices-and-broadband-and-mobili/#commentsThe board of directors has agreed to split Motorola into two independent, publicly-traded companies. The new entities will be called Mobile Devices and Broadband & Mobility Solutions. The Mobile Devices business will focus on the design, manufacturing, and sales of mobile handsets and accessories globally. The Broadband & Mobility Solutions business covers Moto's enterprise, government, public safety, and home and networks business. Greg Brown, Motorola's president and CEO, says the reason for the split is easy, "Creating two
industry-leading companies will provide improved flexibility, more tailored
capital structures, and increased management focus - as well as more targeted
investment opportunities for our shareholders." Right, weren't those the reasons for the Palm split? The matter is of course subject to regulatory approvals, but Motorola hopes that the transaction is complete "in 2009."

P.S. We're not sure whether this is a sad or happy Moto logo day. Regardless, we went with sad until we see signs of a turnaround.

[Thanks, Matt E.]

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Motorola splits in two: Mobile Devices, and Broadband and Mobility Solutions originally appeared on Engadget on Wed, 26 Mar 2008 07:59:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>breaking newsBreakingNewsgreg brownGregBrownmobilemotorolasplitWed, 26 Mar 2008 07:59:00 EST<![CDATA[Motorola splits in two: Mobile Devices, and Broadband and Mobility Solutions]]>http://www.engadget.com/2008/03/26/motorola-splits-in-two-mobile-devices-and-broadband-and-mobilit/http://www.engadget.com/2008/03/26/motorola-splits-in-two-mobile-devices-and-broadband-and-mobilit/http://www.engadget.com/2008/03/26/motorola-splits-in-two-mobile-devices-and-broadband-and-mobilit/#commentsThe board of directors has agreed to split Motorola into two independent, publicly-traded companies. The new entities will be called Mobile Devices and Broadband & Mobility Solutions. The Mobile Devices business will focus on the design, manufacturing, and sales of mobile handsets and accessories globally. The Broadband & Mobility Solutions business covers Moto's enterprise, government, public safety, and home and networks business. Greg Brown, Motorola's president and CEO, says the reason for the split is easy, "Creating two industry-leading companies will provide improved flexibility, more tailored capital structures, and increased management focus - as well as more targeted investment opportunities for our shareholders." Right, weren't those the reasons for the Palm split? The matter is of course subject to regulatory approvals, but Motorola hopes that the transaction is complete "in 2009."

P.S. We're not sure whether this is a sad or happy Moto logo day. Regardless, we went with sad until we see signs of a turnaround.

[Thanks, Matt E.]

Filed under: ,

Motorola splits in two: Mobile Devices, and Broadband and Mobility Solutions originally appeared on Engadget on Wed, 26 Mar 2008 07:59:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments]]>breaking newsBreakingNewsgreg brownGregBrownmotorolasplitWed, 26 Mar 2008 07:59:00 EST