The split will give current shareholders a share in each new company, which will be roughly the same size in terms of annual revenue at $11 billion. Both halves will be publicly traded.
The move gives the companys two co-CEOs, Sanjay Jha and Greg Brown, separate companies to run. Jha will concentrate on Motorolas entertainment and [...]

Much like the Motorola Droid, which debuted to much fanfare in November, the Devour has a touch screen that slides away to reveal a keyboard. The screen is slightly smaller, however. Verizon said Wednesday the phone would be on sale in March, but did not say what it would cost.
The Devour also features Motoblur, a [...]

Co-Chief Executive Officer Sanjay Jha said last month that Motorola, the biggest U.S. mobile-phone maker, is progressing with plans to spin off the handset unit. Now the company is exploring a sale of its home-entertainment division, which makes cable television set-top boxes, according to three people with knowledge of the plans. [...]

The Motorola Cliq will cost $200 with a two-year contract, T-Mobile said. Buyers who arent already T-Mobile customers will have to wait until Nov. 2.
The Cliq is the first product to come out of a turnaround effort at Motorola Inc., whose cell phone division has been struggling since the Razr fell out of favor. Motorola [...]

The Cliq comes with a touch screen and a standard, “QWERTY” keyboard that slides out from its side. Software on it will let users aggregate contact information from various social networks and e-mail accounts. Small application “widgets” will show such information as your friends Facebook status updates on the home screen.
The Cliq, which Motorola unveiled [...]

Brown oversees that group and the home-entertainment and networks unit, which together account for about two-thirds of revenue. Co-CEO Sanjay Jha leads the handset division, whose split from the rest of the company was announced last year. Once thats done and the economy rebounds, Motorola may seek acquisitions, Brown said.
[...]

It happened to the chief financial officer of Motorola Inc. this year. And the lawsuit he filed afterward provides a rare peek into dysfunctional relationships at the top of a major company.
Motorola has gone so far as to claim it fired the CFO “for cause” – a term often reserved for suspected embezzlers – while [...]

Investors were largely unimpressed, and analysts pointed to deterioration in the Motorola units that have been propping up the dismally performing cell phone operations.
“Theres no turnaround yet. This is basically treading water more efficiently than they have in the past,” said analyst Ed Snyder at Charter Equity Research.
The Schaumburg, Ill.-based company reported a loss of [...]

Sanjay Jhas compensation is made up of huge incentives the Schaumburg, Ill.-based company said it needed to offer to recruit an executive of his caliber to help lead a major restructuring effort. It comes as thousands of Motorola employees have been laid off because of mounting losses.
Jha was lured to Motorola last year from Qualcomm [...]

North Americas largest maker of telecommunications equipment posted a massive fourth-quarter loss as it recorded charges to reflect the shrinking value of its cell phone business. It also suspended its dividend, said its chief financial officer had left and gave a disappointing forecast for the current quarter.
Its stock tumbled as much as 15 percent.
Motorola made [...]