SCHAUMBURG, Ill. (
is moving to break in two its division that makes set-top boxes and wireless-networking gear, a report says.
Motorola has signaled it will continue an auction for its wireless-networking businesses, and spin off its set-top box business with its core handset business into a new, publicly traded company, the
Wall Street Journal
reports, citing people familiar with the matter.
it was previously thought the company would sell off the set-top box and wireless-networking gear business, the largest of Motorola's divisions.
If the plan is enacted, Motorola's sales would fall to around $7 billion from about $22 billion in 2009, the
reports. What would remain is a business that sells equipment for public-radio systems and bar-code scanners, the
A decision by Motorola has yet to be finalized, the
-- Written by Joseph Woelfel in New York.
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