The split is official, Motorola as we once knew it is no more. Motorola has now been spun off into two companies that analyst believe are better suited to focus on bringing value to their shareholders. Both Motorola Solutions and Motorola Mobility began trading on the NYSE today under the ticker symbols “MSI” AND “MMI” respectively. Motorola Solutions delivers innovative business- and mission-critical communications solutions for commercial enterprises and government customers throughout the world.
Motorola Solutions will focus on more on the business side of IT business through its public safety solutions, mobile computing technology, advanced data capture, integrated command and control communications, WLAN solutions and advanced services. Motorola Mobility will be more focused more on the consumer side of the equation. MMI will be comprised of two business units, Mobile and Home. The Mobile Devices will focus on smartphone devices designed to fit every lifestyle. In 2010, the Mobile Devices business launched 23 smartphones globally, including the highly successful family of DROID by Motorola devices as well as BRAVO™, DEFY™, FLIPSIDE™, MILESTONE™ and others. The Home business is one of the largest providers of digital set-top boxes and end-to-end video solutions. Motorola Mobility will leverage the capabilities of both the Mobile Devices and Home businesses to deliver innovative smartphones, tablets, set-tops and other converged devices – as well as content delivery and management, and interactive cloud-based services to consumers in the home and on the go.
To commemorate this historic day, MMI will ring the The Opening Bell™ at the NYSE and MSI will ring The Closing Bell.
I am all for doing what it takes for a company to be more lean and mean in order to deliver more value to their customers, but I still wonder whether this is just too little too late for Motorola. What do you all think, is this the beginning of a bright future or just the beginning of the end for Motorola?