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Thursday, 19 February 2015
Penang Motorola two-way radios factory for SALES?
People familiar with the matter said that Motorola Solution Inc, the maker of walkie talkie or radio equipment to emergency workers and scanning devices for retailer are exploring the option of sale. However the company does not comment on this rumors and speculation.
Motorola Solution is what left after the company spin off its mobile phone business in March 2008 due to pressure from activist shareholder Icahn. Rumor of interested buyers include Raytheon, Honeywell International, General Dynamics or even private-equity firms. The company has see its earning per share drop 33% as sales declined 6% with its outlook for this year remains stagnant.
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