After 83 years, Motorola has formally split into two entities — a move that was more than two years in the making. Motorola Mobility Holdings Inc. will produce consumer products, and Motorola Solutions Inc. will sell into the professional and corporate markets. The break was spurred by activist investors such as billionaire Carl Icahn who pushed for two distinct companies to serve separate markets. The argument was that individual companies could better respond to different market needs. The consumer market is fast and fickle, while the enterprise market is slow and steady.
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Motorola Is Dead - Long Live the Motorolas
Posted by: Rob Spiegel January 4, 2011 12:35 PMAfter 83 years, Motorola has formally split into two entities — a move that was more than two years in the making. Motorola Mobility Holdings Inc. will produce consumer products, and Motorola Solutions Inc. will sell into the professional and corporate markets. The break was spurred by activist investors such as billionaire Carl Icahn who pushed for two distinct companies to serve separate markets. The argument was that individual companies could better respond to different market needs. The consumer market is fast and fickle, while the enterprise market is slow and steady.