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« Sprint, Clearwire May Form Venture with Comcast, Time Warner | Main | Nokia Offers N810 Tablet with WiMax »

March 26, 2008

Motorola Splits Handsets into Separate Firm

By Glenn Fleishman

Motorola bows to shareholder pressure, splits firm: The company will divide into two pieces in what Motorola hopes will be tax free to shareholders. One company will take the handset operations, which have languished; the other, enterprise, modem, and set-top boxes. This puts WiMax in the “good” company, the one that has a lot of potential to grow into a new international market, as well as continuing their sales of Canopy and fixed WiMax gear. The handset business would also encompass WiMax embedded into phones, but it’s likely a smaller part of Motorola’s WiMax portfolio.

Posted by Glennf at March 26, 2008 9:34 AM

Categories: Industry News, deals, financial

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