Motorola to split into two separate companies

Motorola to split into two separate companies

US based mobile phone maker and Tech Company Motorola has announced that they are now going to split up into two independent companies.

They would separate their mobile phone division from other businesses. Both of these entities would be publicly traded companies.

Company representatives said that this move would enable them to better focus on their respective strengths and weaknesses. This is also likely to boost the revamping of their mobile phone operations which is under serious competition from rival companies.

Motorola Chief Executive Greg Brown spoke about this new development: “The creation of the two independent publicly traded companies provides improved management focus and a capital structure that’s more tailored to the individual business needs. And it will provide some improved alignment and agility and will help us going forward.”