Motorola looks to shed auto arm
06:53 - Thursday 15 September 2005 by Wolfgang Gruener
Source: Tom's Hardware – Keywords: motorola, looks, to, shed, auto, arm Category : Miscellaneous
Source: Tom's Hardware – Keywords: motorola, looks, to, shed, auto, arm Category : Miscellaneous
The Schaumburg, Ill., tech titan has hired JP Morgan Chase to shop its automotive electronics unit around, according to The Wall Street Journal. Though Motorola’s origins trace back to the early car radio business, the company has rallied this year around a mobility theme, particularly cell phone sales. It’s a good move, say industry observers who tend to regard Motorola’s auto business as part of the "old-time soul" of the company, but "incongruous" with the current strategy.
Read the complete story . (TheStreet.com)
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