Feeds

Motorola ends mobile sell off

The price ain't right

The Essential Guide to IT Transformation

Motorola is ending the search for a buyer for its set top box and networking business, because it cannot find anyone willing to pay enough for the unit.

The company has spent the last two years trying to sell off its handset business, which has had a rotten few years, as well as its set-top box and networking division.

But bids for the set-top unit all came in the range $3bn to $4bn - rather than the $4bn to $5bn the firm was seeking. This shortfall, alongside better handset sales, has led the company to consider keeping the units under one umbrella, according to The Wall Street Journal.

The next round of bids were due in mid-February, but this could be cancelled - Motorola's board of directors will meet shortly to decide whether the sale goes ahead or not.

Any decision could see the sale put on hold for a few months, or stopped altogether.

Motorola has seen its previously decent market share for handsets shrink thanks new players like Apple and stronger competition from the likes of Samsung. ®

Build a business case: developing custom apps

More from The Register

next story
Scotland's BIG question: Will independence cost me my broadband?
They can take our lives, but they'll never take our SPECTRUM
Trying to sell your house? It'd better have KILLER mobile coverage
More NB than transport links to next-gen buyers - study
iWallet: No BONKING PLEASE, we're Apple
BLE-ding iPhones, not NFC bonkers, will drive trend - marketeers
Auntie remains MYSTIFIED by that weekend BBC iPlayer and website outage
Still doing 'forensics' on the caching layer – Beeb digi wonk
Speak your brains on SIGNAL-FREE mobile comms firm here
Is goTenna tech a goer? Time to grill CEO, CTO
NBN Co adds apartments to FTTP rollout
Commercial trial locations to go live in September
Samsung Z Tizen OS mobe is post-phoned – this time for good?
Russian launch for Sammy's non-droid knocked back
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.
The Essential Guide to IT Transformation
ServiceNow discusses three IT transformations that can help CIO's automate IT services to transform IT and the enterprise.
Maximize storage efficiency across the enterprise
The HP StoreOnce backup solution offers highly flexible, centrally managed, and highly efficient data protection for any enterprise.