Motorola snags developer of wireless HD
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Amimon tech designed to allow high-definition connectivity among TVs, PCs, sound systems and other media-system components.
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Wireless links carry the potential to speed consumer adoption of high-def video by easing home networking woes. Sony, Toshiba, LG, Samsung, NEC, Matsushita, and now Intel are now working on a standard called WirelessHD to help meet this promise, while some other vendors continue to go it alone.
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Nortel Networks on Monday declined to comment on a news report that the company is negotiating with Motorola to combine wireless infrastructure units.&quot;Nortel doesn&#39;t comment on rumors and speculation,&quot; a Nortel spokesman said.The two companies are talking as a way to cut costs in a network equipment market that is consolidating and facing stiff competition, The Wall Street Journal reported Monday.The deal with Nortel would be separate from Motorola&#39;s announcement last month that it was&#160;considering spinning off its mobile handset business, the Journal reported. Motorola on Jan. 31 announced it was looking at separating the lagging handset division from the rest of its business.A Motorola spokeswoman wasn&#39;t immediately available for comment Monday.A combined wireless infrastructure unit would have sales around $10 billion, the Journal reported. Talks between Motorola and Nortel have been going on for about a month, the news report said, and under one scenario, Nortel would own a majority of the joint venture.Both companies have faced challenges recently. Motorola last month reported a loss of $49 million for 2007, due largely to declining handset sales.But fourth-quarter 2007 sales were up in the Home and Networks Mobility group, which makes set-top boxes and wireless infrastructure. The group saw sales rise 11 percent to $2.7 billion from the fourth quarter of 2006.Last year, the U.S. Securities and Exchange Commission charged seven former Nortel executives with participating in a 2003 accounting fraud by manipulating reserves to manage Nortel&#39;s earnings.Last February, Nortel announced it would lay off 2,900 employees and move another 1,000 jobs to low-cost locations throughout 2007 and 2008.
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Motorola said Tuesday that it would pay $3.9 billion for Symbol Technologies, a maker of scanners and other wireless technology.
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(InfoWorld) - A troubled Motorola has realigned itself as its criticalÂ cell-phone business slows down. The company sketched out the reorganization in a U.S. Securities and Exchange Commission filing Tuesday, two days before it is set to announce its second-quarter financial results. Last week, Motorola slashed its earlier revenue forecast for the quarter and predicted a larger loss, blaming lower phone sales. It also named a new chief of its mobile unit, Stu Reed. Other recent changes in the executive ranks have also rocked the company. Motorola is now split into three divisions: Mobile Devices, Home and Networks Mobility, and Enterprise Mobility Solutions. The company is moving its Good Technology mobile e-mail software business from the Mobile Devices division into Enterprise Mobility Solutions. Its carrier equipment business has been combined with home broadband products in the Home and Networks Mobility segment with the new enterprise unit focusing on private network products. The Home and Networks Mobility group is responsible for set-top boxes and digital video systems for carriers, home DSL and cable modems, and wired and wireless broadband network gear. The Enterprise group encompasses analog and digital two-way radio and other voice and data communications systems for government, businesses and Motorola's large public safety customer base. Good Technology, whichÂ Motorola acquiredÂ in a deal completed in February, is a mobile messaging platform with enterprise features like centralized lockdown of unwanted applications on the phone. It competes against Research in Motion's BlackBerry system and Nokia's Intellisync technology. After the rousing success of the slim Razr handset, which started out as a premium-priced bauble and quickly became a mass-market commodity, Motorola has had trouble coming out with an encore. A Razr 2 is expected later this year. New handsets from Nokia, Samsung, and LG Electronics had stolen the spotlight even before Apple's iPhone, which debuted June 29, became the talk of the industry. Meanwhile, sales for all makers have stagnated in higher-priced markets like North America and Europe while rising in lower-priced India and China, according to industry analysts. Last Wednesday, Motorola said it expected to report 35 million to 36 million handset sales in the second quarter, down from 45.5 million in the previous quarter. Its revenue forecast dropped from $9.4 billion to between $8.6 billion and $8.7 billion. The company now expects to lose between $0.02 and $0.04 in the quarter.
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Japanese mobile phone firm DoCoMo is in talks to buy 3G handsets from Motorola.
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A wireless startup company that planned to build a national public safety communications system has apparently bailed out of the upcoming airwaves auction, a move that creates doubt about the future prospects for the network.
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Motorola Inc. MOT.N on Monday said   it bought privately held video technology developer Vertasent   LLC to expand its product and customer base in the cable   television provider market.
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Will you be my valentine enormous wireless infrastructure partner? Nortel and Motorola are reportedly in talks to merge their wireless infrastructure businesses in a bid to cut costs.â¦
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Japanese mobile phone company DoCoMo is in talks to buy 3G handsets from Motorola, the world's second largest handset maker.
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Motorola Inc. is acquiring MeshNetworks Inc., a developer of a Wi-Fi based technology in which a person&#39;s mobile device doubles as a network relay point that can transmit a signal between other devices.
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Motorola Inc. and Nortel Networks are discussing a joint venture that would combine their wireless network infrastructure divisions, according to a media report.
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SEPTEMBER 28, 2004 (REUTERS) - Telecommunications equipment maker Motorola Inc. said today that it would cut 1,000 jobs and take related charges of about $50 million to focus on its wireless business.
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WirelessHD 1.0 ready for implementation The companies behind the Wireless HD (WiHD) standard - Intel, Samsung, Sony, Toshiba, LG, Matsushita and NEC among them - have completed the first full version of the specification.â¦
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Forbes.com is reporting details on the rumored Motorola/Apple music phone, as told to them by Apple VP of Applications Eddy Cue. Referring to the new device, Cue was quoted as saying: &quot;What we&#39;ve talked about
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Motorola will test handsets that include wireless payment functions.
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US mobile phone giant Motorola has announced plans to buy technology infrastructure group Symbol Technologies in a 3.9 billion-dollar deal.