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Monday, July 5, 2010

Motorola gets closer to mobile division split

Motorola has filed a Form 10 document with the US Securities and Exchange Commission (SEC), giving further details of its plans to split its Mobile Devices and Home businesses into a separate company next year.

The Mobile Devices and Home businesses will become Motorola Mobility, while the rest of Motorola – the Enterprise Mobility Solutions and Networks businesses – will be Motorola Solutions. There's also a new company, Motorola SpinCo, which is the holding company for Motorola Mobility.

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