Motorola Inc. has moved up the timeline in which it expects to split into two companies, Motorola Solutions and Motorola Mobility.
At a financial analyst event on Monday, co-CEO Greg Brown said Motorolas split will happen in January, rather than later in the first quarter.
Early this year, Motorola said it would break apart as a way to boost value among the various businesses. The move is being heralded by billionaire activist Carl Icahn, who recently snapped up more Motorola shares in anticipation of a windfall. Motorola Solutions and Motorola Mobility will continue to trade on Wall Street; the former will be led by Brown, the latter by current co-CEO Sanjay Jha.
A third division, Motorolas telecom equipment business, is selling to Nokia Siemens Networks.
Motorola Solutions will comprise the public safety, bar-code scanners and government- and corporations-oriented mobile computing devices. Motorola Mobility contains the cellphone and home set-top box groups.
Shares of Motorola were trading down .63 percent at $7.94 about half an hour before Wall Streets close.
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