[zdnet] Motorola on Thursday said it will split into two separate companies in the first quarter of 2011, roughly a year from now.
The company had initially planned to spin off the mobile devices unit on its own. Now it plans to spin off the mobile devices and home units into one company led by Sanjay Jha, co-chief executive of Motorola. Jha will have a portfolio of mobile devices and home-entertainment technology, such as the company's set-top boxes.
The second company will comprise Motorola's enterprise mobility solutions and networks businesses. That company will be led by Motorola co-chief executive Greg Brown.
Motorola to split into two independent companies