x
FTTx

What's Moto's Next Move?

5:20 PM -- The Motorola Inc. (NYSE: MOT) sale saga is raging on, with speculation now indicating that the company is still considering selling its wireless networking business, but also looking to combine its set-top unit with its handset division and spinning those off as a separately traded company.

According to The Wall Street Journal, that would cut the core of Moto down to about one-third of its current size from an overall sales standpoint. Motorola, meanwhile, hasn't acknowledged any sort of specific separation strategy.

But the company's original thinking reportedly took a turn when bids from several parties, including Arris Group Inc. (Nasdaq: ARRS), for its profitable Home & Networks Mobility division fell well short of expectations. Our sources say bids were somewhere in the neighborhood of half of the $4.5 billion Moto wanted. (See Is Moto Having Second Thoughts? .)

In the meantime, Moto's M&A activity has been running on both sides of the fence. Last month, it sold its EuroDocsis CPE business to Taiwan's Compal Broadband Networks (CBN), but also closed a deal to buy software-based digital rights management firm SecureMedia Inc. (See Moto Streamlines EMEA Biz With Compal, Moto Sells EMEA Docsis Modem Biz, and Moto Nabs SecureMedia.)



— Jeff Baumgartner, Site Editor, Light Reading Cable

Jeff Baumgartner 12/5/2012 | 4:42:41 PM
re: What's Moto's Next Move? Motorola went public with the news today. It's targeting the first quarter of 2011 for its planned separation. Motorola intends to separate into two independent, publicly traded companies. One will include the CompanyGÇÖs Mobile Devices and Home businesses, and the other will include its Enterprise Mobility Solutions and Networks businesses. More to come...
HOME
Sign In
SEARCH
CLOSE
MORE
CLOSE