Moto spins off mobile, broadband businesses
Motorola today said it would spin off its Mobile Devices and Broadband & Mobility Solutions divisions as separate, public companies. The decision stems from a review of the divisions started by the company in January and is meant to increase the focus of the two previously connected groups. The yet to be renamed Mobile Devices group will concentrate solely on designing cellphones, other handhelds, and the relevant software; Broadband & Mobility will devote its attention primarily to the back end of technology and include the infrastructure for large-scale Internet services as well as the modems and other equipment used at home, Motorola says.
Full story: electronista.com