Bloomberg: Motorola Solutions may be sold

Bloomberg: Motorola Solutions may be sold

The company Motorola Solutions, which produces telecommunications equipment and is estimated at $ 15.6 billion, is considering selling its business. About how the resource Bloomberg, citing its own informants. As buyers may make companies like Raytheon, Honeywell International and General Dynamics.

Sale, so may be the last step in the life of the good old Motorola, which was divided into four years of Motorola Solutions and manufacturer of mobile devices Motorola Mobile. Since that time, the mobile business was sold twice: first, Google’s first of all for the sake of a larger package of patents, and then remains – Chinese Lenovo.

It is reported that in the search for a buyer Motorola Solutions is working with financial advisors. The transaction may not have taken place, but the question of sale the company has been working for several months. A representative of Motorola Solutions declined to comment on these rumors reporters Bloomberg.

It is worth noting that in time things have Motorola Solutions are not the best way. Losses on individual share in 2014 amounted to 33%, while sales were down 6%. Forecasts for the current year is also not encouraging – the company predicts that in 2015 her income does not increase or even decline slightly.

Bloomberg: Motorola Solutions may be sold updated: February 10, 2015 author: John Malkovich