Friday 1 February 2008

Motorola may separate its mobile phone business

Motorola has said it is "exploring the structural and strategic realignment of its businesses to better equip its Mobile Devices business to recapture global market leadership and to enhance shareholder value", which may involve separating its mobile division from the rest of the company. Greg Brown, Motorola's CEO, said “We are exploring ways in which our Mobile Devices Business can accelerate its recovery and retain and attract talent while enabling our shareholders to realize the value of this great franchise.” [Press release]

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