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Motorola sets breakup for 2011

One company will enfold the mobile devices and home units. The other will have Motorola's enterprise mobility solutions and networks businesses.
Written by Larry Dignan, Contributor

Motorola on Thursday said it will split into two separate companies in the first quarter of 2011, roughly a year from now.

The company had initially planned to spin off the mobile devices unit on its own. Now Motorola plans to spin off the mobile devices and home units into one company led by Sanjay Jha, co-CEO of Motorola. Jha will have a portfolio of mobile devices and home entertainment technology such as the company’s set-top boxes.

The second company will comprise Motorola’s enterprise mobility solutions and networks businesses (statement). That company will be led by Motorola co-CEO Greg Brown.

Read more of "Motorola to split into two independent companies in 2011" at ZDNet.com.

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