Featured Articles

IHS teardown reveals Galaxy S5 BOM

IHS teardown reveals Galaxy S5 BOM

Research firm IHS got hold of Samsung’s new flagship smartphone and took it apart to the last bolt to figure out…

More...
Galaxy S5, HTC One M8 available selling well

Galaxy S5, HTC One M8 available selling well

Samsung’s Galaxy S5 has finally gone on sale and it can be yours for €699, which is quite a lot of…

More...
Intel lists Haswell refresh parts

Intel lists Haswell refresh parts

Intel has added a load of Haswell refresh parts to its official price list and there really aren’t any surprises to…

More...
Respawn confirms Titanfall DLC for May

Respawn confirms Titanfall DLC for May

During his appearance at PAX East panel and confirmed on Twitter, Titanfall developer Respawn confirmed that the first DLC pack for…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 01 October 2007 13:15

Motorola sells business unit to Emerson

Written by David Stellmack

Image

Sale worth $350 million

 

Motorola, Inc. has announced that it will sell its Tempe, Arizona embedded communications computing unit to Emerson Electric Co. to allow Motorola to pay more attention to its telecommunications business. 

The Tempe unit, comprised of about 1,100 employees, manufactures processor chip boards used in a wide variety of products, ranging from telecommunications products and computers to medical imaging products and defense supply and industrial products.  The sale will reportedly be worth $350 million to Motorola.  Motorola claimed that the unit had generated revenue in 2006 of $520 million and was only “marginally profitable.”  Some investors reportedly expressed concern that the sale price of the unit was less than its annual revenue.

Embedded computing technology works by controlling computer systems, manufacturing equipment and manipulates data. The former Motorola unit will reportedly become a part of Emerson’s Network Power group, an embedded technology computing business.

Last modified on Monday, 01 October 2007 13:26

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments