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On January 4, 2011 Motorola Inc. split into two companies: Motorola Mobility and Motorola Solutions. [3] Motorola Solutions, the public safety and enterprise security side of the business, began trading as a separate independent company under the NYSE symbol MSI.
In March 2008, with the company losing money, Brown announced that Motorola would split in two. [14] Motorola became Motorola Mobility (the cellphone side of the company), and Motorola Solutions. [15] [16] Brown continued to run the new Motorola Solutions, which began trading on the New York Stock Exchange in 2011.
Motorola Mobility LLC, marketing as Motorola, is an American consumer electronics manufacturer primarily producing smartphones and other mobile devices running Android. Headquartered at Merchandise Mart in Chicago , Illinois , it is a wholly owned subsidiary of the Chinese technology company Lenovo .
It's official. Motorola (MOT) is now two separate companies with two independently traded stocks for investors to choose from. One new company is Motorola Mobility (MMI), which includes the snazzy ...
He led more than 40 acquisitions since the company split in 2011, and the company's total addressable market more than quadrupled. ... not only is Motorola stock up 50% this year alone, Brown has ...
In a reverse stock split, your current shares are exchanged for fewer shares. When the split occurs, the share price also changes automatically to reflect the exchange ratio. That is, regardless ...
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]
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