Motorola Shopping Its Network Equipment Division
Motorola Shopping Its Network Equipment Division
Posted 11/13/2009 at 5:14am
| by Paul Lilly
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Motorola has put the word out that it wants to sell off its "Home and Network Mobility" unit. The unit, which makes equipment for cable and wireless companies, is Motorola's largest division, Businessweek.com reports.
According to the latest tech chatter, a deal worth $4.5 billion could be on the table. It's unknown exactly who the potential buyer(s) might be, but the most likely bet would include private-equity firms and makers of telecommunications equipment, like Samsung, the Wall Street Journal speculated.
Should Motorola find a buyer, it would be left with two other divisions: Mobile Devices, which makes cell phones, and Enterprise Mobility, with makes bar code scanners and other equipment for corporate use,
Motorola had no comment on the rumor.
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