Motorola Rethinking Strategy of Dividing the Company's Units

From the Wall Street Journal

Motorola is close to rolling out a new plan that it hopes will revive a long-suffering effort to separate the company's main business units, according to people familiar with the matter.

In recent days the Schaumburg, Ill., company has moved toward reversing a months-old strategy of selling off the largest of its three divisions, which makes set-top boxes and wireless-networking gear, these people said.

The company has instead signaled it will likely chop that unit in two -- continuing an auction for its wireless-networking business, while spinning off its set-top box business with its core handset business into a new, publicly traded company, these people said.