The “other” Motorola is looking at putting itself up for sale

The “other” Motorola is looking at putting itself up for sale
It was many years ago that Motorola split into two entities, one focused on mobile devices, the other on broadband and industrial mobility solutions. That decision was made way back in 2009, though it would take a couple years for everything to come together (or fall apart).

The entity that makes the Nexus 6 and the Moto X, we know as Motorola Mobility, bought by Google in 2011 for a cool $12.5 billion only to be sold three years later to Lenovo for the bargain price of $2.9 billion.

The other entity, Motorola Solutions, has continued as an independent concern making two-way radios, pagers (really), RFID chips, and yes, mobile phones and tablets too, though they are not sold at a consumer level.

Motorola Solutions has remained profitable for the most part, and based on its current share price of just under $65 per-share, has a market cap of about $15 billion. Reports are that the company is looking to put itself up for sale. The question is who or what company would be interested in acquiring the Illinois based company.

Money-men have thought that Motorola would make for a nice private equity acquisition, but the company would likely command too high a price for that scenario to play out. The process that might result in the company placing a “for sale” sign on the front yard is just beginning.

Motorola Solutions is the entity that arguably traces its roots to the original Motorola, Inc., founded in 1928, the American icon whose equipment provided communication during the Apollo moon landings.

source: The Wall Street Journal

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9 Comments

1. Cyberchum

Posts: 1140; Member since: Oct 24, 2012

Had it been Microsoft, hate comments would be all over here.

2. hemedans

Posts: 762; Member since: Jun 01, 2013

i thought this division was acquired by nokia in 2010? http://www.reuters.com/article/2010/07/19/us-motorola-nokia-idUSTRE66I24P20100719

6. Commentator

Posts: 3723; Member since: Aug 16, 2011

3. aksa123

Posts: 368; Member since: Jan 30, 2014

Nooo, don't !! Motorola is a legendary ICON, not just a corporation.

4. sip1995

Posts: 1771; Member since: Feb 07, 2014

They should team up with Nokia (solutions & networks)....

5. greenelektron

Posts: 537; Member since: Sep 10, 2014

Huawei will buy them. Oh f*ck

10. DaveElliott

Posts: 151; Member since: Sep 20, 2012

Six Sigma will save them.

14. crazymonkey05

Posts: 189; Member since: Nov 20, 2012

It would make sense for google to buy them to help out there fiber service

15. Scott93274

Posts: 6042; Member since: Aug 06, 2013

Wait a second, I thought that this happened back in October??? The company was Zebra Technologies. And I'm pretty sure this site even reported on it... or at least I thought that they did... https://www.zebra.com/us/en/about-zebra/media-center/press-releases/2014/zebra-completes-acquisition-motorola-solutions.html

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