Motorola will split in 2011
February 15, 2010
Motorola has confirmed the company is targeting the first quarter of 2011 for its planned separation. It intends to separate into two independent, publicly traded companies. One will include the Company's Mobile Devices and Home businesses, and the other will include its Enterprise Mobility Solutions and Networks businesses.
Sanjay Jha, co-chief executive officer of Motorola, will serve as chief executive officer of Motorola's Mobile Devices and Home businesses effective immediately. This business will offer a portfolio of mobile converged devices, digital entertainment devices in the home, and end-to-end video, voice and data solutions.
Greg Brown, co-chief executive officer of Motorola, Inc., will serve as chief executive officer of Motorola's Enterprise Mobility Solutions and Networks businesses effective immediately.