Tuesday, August 07, 2012

Light Reading Cable - Cable - Google Preps Sale of Motorola Home - Telecom News Analysis

So maybe not so much into Motorola's set-top business after all...
"Google (Nasdaq: GOOG) is expected to put Motorola Mobility Inc. (NYSE: MMI)'s cable assets up for sale as early as this fall, industry sources tell Light Reading Cable.
Multiple industry insiders and people in cable M&A circles confirm that Google has not yet started the formal sales process for the Home division, which makes and sells cable modems, set-tops, video processors, edge QAMs, cable modem termination systems (CMTSs) and video navigation software. However, there's strong consensus that Google will put Motorola on the block, though there's some variance on when the process will officially get underway. Barclays Capital is rumored to be the banker Google has hired for the sale."
Light Reading Cable - Cable - Google Preps Sale of Motorola Home - Telecom News Analysis
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