Motorola on Feb. 11 confirmed that it is planning to split into two separate publicly traded companies by the first quarter of next year, with one entity merging the company’s mobile and cable devices business and the other focused on wireless networking and enterprise services.
The new plan marks a shift from the company’s original plan, disclosed in 2008, to spin off the mobile handset unit, followed by the sale of the Home and Networks mobility division that houses its set-top box and wireless networking gear businesses.
Sanjay Jha, who is co-CEO of Motorola and heads up the Mobile Devices ...
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