Wednesday, December 1, 2010

Motorola To Split

Motorola is set to split itself into two separate entities on January 4th in an effort to raise stock prices. The company hopes that will benefit all parties involved with Motorola. Ever since the release of the Razr and it's phenomenal success, they have been in decline. With a falling stock price, they see this as one of the few options to recoup some of the lost price. The company will split into Motorola Solutions, Inc. and the mobile division will become Motorola Mobility Holdings, Inc.

Greg Brown and Sanjay Jha are currently the co-CEOs of the company as it is now. After the split Brown will become CEO of Motorola Solutions and Jha will become CEO of Motorola Mobility.

[via: BoyGeniusReport]

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