According to Motorola co-chief executive Greg Brown, Motorola will be separated into Motorola Mobility and Motorola Solutions some time in the first quarter of next year. If things go according to plan, the split could happen as early as January.
Motorola Mobility, as you can imagine, would continue doing the smartphone and mobile phone thing (the Droid line is actually getting pretty popular), as well as TV set-top boxes and other consumer-friendly devices. Motorola Solutions would then be responsible for wireless technology on a government and enterprise level.
It’s interesting that Motorola is splitting its business in two in hopes of creating more positive growth and consumer dividends when so many other firms are looking at mergers and acquisitions to capitalize on the synergy that results. But hey, I don’t work on Wall Street, so what do I know?[Reuters]