WSJ: Motorola seeking buyer for Horsham set-top box business
The Wall Street Journal is reporting that Motorola is seriously seeking buyers for its set-top box business, based in Horsham. This
is not a surprise, since such a move was generally thought to be part of Motorola's strategic plan; it just indicates that they
may be getting close to evaluating actual bids. Private Equity buyers including TPG, which last week announced an agreement
to purchase IMS Health, and equipment manufacturers such as Samsung are considered possible acquirers. The business has
an estimated value of $4.5 billion. J.P. Morgan Chase & Co. and Goldman Sachs Group Inc are advising Motorola.
Goodbye Moto? (Multichannel News)
Motorola: Here’s an Idea: Let’s Sell Off Our Most Profitable Division (All Things Digital: Digital Daily)
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