In the first days of the next 2011, the company will be separated Motorola into two separate parts. A division of the company engaged in the production of mobile phones will be spun off into a separate company - the new company will be named Motorola Mobility Holdings. The rest of the company's business will bear the name Motorola Solutions.
head Motorola Mobility Holdings will become Sanjay Jha, who is now the head of the division Motorola Mobility. company Motorola Solutions will be led by Greg Brown, who also today heads the communications equipment division of the same name.
The official date for the reorganization is January 4, 2011. From the moment of separation of the companies, their shares will be listed separately. The shares of the common company have already grown by several points after the announcement of the restructuring. During the reorganization, it was also decided to abandon some of the company's assets, in particular, the business related to wireless network equipment, will be sold. Maybe this solution will help Motorola overcome a difficult period and not only stay afloat, but also significantly improve their position in the market.