This past Thursday, Motorola announced that the company will be split up into two separate companies some time in the first quarter of 2011.
Initially the company had planned on spinning off it's mobile devices unit but now it looks like they will combine the mobile devices unit with the home devices unit, which manufactures set-top boxes. It will be led by the current CEO Sanjay Jha. The other division will handle their enterprise mobility solutions and network businesses. It will be led by co-CEO Greg Brown.
If you're lucky (or unlucky) enough to own Motorola shares, you will get shares in both companies. They will both continue to use the Motorola brand name.
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