The former Motorola is now officially two companies. On Jan. 4, the Illinois-based business completed its planned separation into two publicly traded companies.
Motorola Solutions, trading under ticker symbol MSI, now
offers solutions for enterprise mobility and vertical markets,
including public safety and government, with data-capture products,
WLAN solutions and integrated command and control communications.
Motorola Mobility Holdings, now trading as MMI, will act as an umbrella
company over a Mobile Devices business unit — offering smartphones,
tablets, etc. — and Motorola Mobility, which leverages the capabilities
of both the Mobile Devices and Home businesses.
“We are pleased that Motorola Mobility has reached this
important milestone. After more than two years of planning, today we
begin operating as a financially strong, independent company trading on
the New York Stock Exchange,” Sanjay Jha, chairman and CEO of Motorola
Mobility, said in a statement. “We are well-positioned to build on the
strong momentum we have in smartphones and end-to-end video solutions —
and to take advantage of opportunities resulting from the convergence
of media, mobility, computing and the Internet.
For more, read the eWeek article: Motorola Completes Its Split Into Two Companies.
