3. Motorola Solutions exploring sale of company reports say
It never happened, but one of the top stories of 2015 involved speculation that industry giant Motorola Solutions was looking for a buyer.
Officials for critical-communications manufacturing giant Motorola Solutions were contemplating a potential sale of the 87-year-old company in February, according to reports from Bloomberg, the Wall Street Journal and other media outlets.
If the sale of Motorola Solutions were to come to fruition, it would represent the final step in dismantling the iconic communications firm during the past several years. In 2010, Motorola announced that it would sell its commercial-networks division that developed LTE infrastructure to Nokia Siemens Networks. In 2011, the Google paid $12.5 billion for Motorola’s commercial-handset unit, some of which was sold later to Lenovo. Less than a year ago, Motorola Solution sold its enterprise division to Zebra Technologies for $3.45 billion in an all-cash deal.
“Look at what Motorola has done. They’ve shed themselves of their cellular business. They’ve shed themselves of their enterprise business systems. Now, their radio business is small enough to be acquired by anyone. So don’t think that the industry is a secure place for all contracts and everybody as you know them today. In the next 5-10 years, the lay of the land will be different," an industry source said earlier this year.
It never happened, but one of the top stories of 2015 involved speculation that industry giant Motorola Solutions was looking for a buyer.
Officials for critical-communications manufacturing giant Motorola Solutions were contemplating a potential sale of the 87-year-old company in February, according to reports from Bloomberg, the Wall Street Journal and other media outlets.
If the sale of Motorola Solutions were to come to fruition, it would represent the final step in dismantling the iconic communications firm during the past several years. In 2010, Motorola announced that it would sell its commercial-networks division that developed LTE infrastructure to Nokia Siemens Networks. In 2011, the Google paid $12.5 billion for Motorola’s commercial-handset unit, some of which was sold later to Lenovo. Less than a year ago, Motorola Solution sold its enterprise division to Zebra Technologies for $3.45 billion in an all-cash deal.
“Look at what Motorola has done. They’ve shed themselves of their cellular business. They’ve shed themselves of their enterprise business systems. Now, their radio business is small enough to be acquired by anyone. So don’t think that the industry is a secure place for all contracts and everybody as you know them today. In the next 5-10 years, the lay of the land will be different," an industry source said earlier this year.