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On December 19, 2012, it was announced that Arris Group would purchase Motorola Mobility's cable modem and set-top box business for $2.35 billion in a cash-and-stock transaction. [ 24 ] In May 2013, Motorola Mobility opened a factory in Fort Worth , Texas , with the intent to assemble customized smartphones in the US.
Motorola Solutions. Motorola Solutions, Inc. is an American video equipment, telecommunications equipment, software, systems and services provider that succeeded Motorola, Inc., following the spinoff of the mobile phone division into Motorola Mobility in 2011. The company is headquartered in Chicago, Illinois.
Motorola was founded in Chicago, Illinois, as Galvin Manufacturing Corporation (at 847 West Harrison Street) [9] in 1928.. Paul Galvin wanted a brand name for Galvin Manufacturing Corporation's new car radio, and created the name "Motorola" by linking "motor" (from motor car) with "ola" (from Victrola), which was also a popular ending for many companies at the time, e.g. Moviola, Crayola. [10]
While Qualcomm (QCOM) beats fourth-quarter fiscal 2021 earnings estimates on 5G-enabled chip strength, Motorola's (MSI) third-quarter earnings beat on solid order trends and healthy growth dynamics.
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In its announcement, it estimated the stock price to be US$17.50- 19.50 but following a cooling of the market towards tech stocks, it lowered its price to US$13. Existing shareholders of Motorola stock received 0.110415 shares of Freescale stock for every share of Motorola stock as a dividend which was distributed on December 2, 2004.
This is a list of Motorola products. Motorola Mobility is an American subsidiary company of Chinese multinational technology company Lenovo that manufactures consumer electronics and telecommunications products.
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