Motorola Splits

Published by: Dave Simmons on 4th Jan 2011 | View all blogs by Dave Simmons

Motorola Splits

In the realization of a move first announced in 2008, Motorola will split into two separate publicly traded companies Tuesday. Motorola Mobility will be in charge of the company's cell phone and cable box businesses, while Motorola Solutions will oversee the company's police radio business as well as its barcode scanner production.

Investors holding Motorola stock will reportedly receive one share in the Mobility company and 7 shares of the Solutions arm for every eight shares of Motorola they own.

Although Motorola has generally prospered overall, its cell phone division has struggled for years to compete with the iPhone and other smartphones. Motorola says the split will help it by allowing it to explain two simpler companies to investors.

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