Motorola, Inc. announced the Company is targeting the first quarter of 2011 for its planned separation. Motorola intends to separate into two independent, publicly traded companies. One will include the Company’s Mobile Devices and Home businesses, and the other will include its Enterprise Mobility Solutions and Networks businesses.
Dr. Sanjay Jha, co-chief executive officer of Motorola, Inc., will serve as chief executive officer of Motorola’s Mobile Devices and Home businesses effective immediately. This business will offer a comprehensive portfolio of mobile converged devices, digital entertainment devices in the home, and end-to-end video, voice and data solutions. Working with network operator partners, the company will also enable more advanced personalized services that leverage the capability of expanding wireless and wireline broadband availability. Read more.
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