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Motorola Inc., with headquarters in Schaumburg, Illinois, is a global leader in wireless, broadband and automotive communications technologies and embedded electronic products. Motorola had sales of US $31.3 billion in 2004.

Formerly: Galvin Manufacturing Corporation

In December 2004, the Company announced a reorganization of its businesses and functions to align with the Company’s seamless mobility strategy, which was effective on January 1, 2005. The Company will be organized into four main business groups, focused on mobile devices, networks, government and enterprise, and the connected home.

The Mobile Devices business will be primarily comprised of the current Personal Communications segment and the Energy Systems group from the Integrated Electronic Systems segment (“IESS”).

The Networks business will be primarily comprised of the current Global Telecom Solutions segment, the Embedded Computing and Communications group from IESS, and the next-generation wireline networks business from the Broadband Communications segment (“BCS”).

The Government and Enterprise business will be primarily comprised of the current Commercial, Government and Industrial Solutions segment and the Automotive Communications and Electronics Systems group from IESS.

The Connected Home business will be primarily comprised of the current BCS, excluding the next generation wireline networks business.

Motorola reported six segments in 2004: [% sales]

Business Segments Focus 2004
Personal Communications Segment "PCS" Designs, manufactures, sells and services wireless handsets with integrated software and accessory products 54%
Global Telecom Solutions Segment "GTSS" Designs, manufactures, sells, installs and services wireless infrastructure communication systems, including hardware and software. 17%
Commercial, Government and Industrial Solutions Segment "CGISS" Provides customized and commercial off-the-shelf, mission-critical integrated communications and information systems 15%
Integrated Electronic Systems Segment "IESS"
  Automotive Communications and Electronic Systems Group (“ACES”) consists of three businesses Powertrain Chassis and Systems Group (“PCSG”), the Interior Electronics Division (“IED”), and the Telematics Communications Group (“TCG”).
  The Energy Systems Group (“ESG”)  
  The Embedded Communications Computing Group (“ECCG”), formerly known as the Motorola Computer Group (“MCG”)
 		  
Designs, manufactures and sells: (i) automotive and industrial electronics systems, (ii) telematics systems that enable automated roadside assistance, navigation and advanced safety features for automobiles, (iii) portable energy storage products and systems, and (iv) embedded computing systems. 9%
Broadband Communications Segment "BCS" Designs, manufactures and sells a wide variety of broadband products, including: (i) digital systems and set-top terminals for cable television and broadcast networks, (ii) high speed data products, including cable modems and cable modem termination systems (“CMTS”), as well as Internet Protocol (“IP”)-based telephony products, (iii) access network technology, including hybrid fiber coaxial network transmission systems and fiber-to-the-premise (“FTTP”) transmission systems, used by cable television operators, (iv) digital satellite television systems; (v) direct-to-home (“DTH”) satellite networks and private networks for business communications, and (vi) high-speed data, video and voice broadband systems over existing phone lines. 7%
Other Products Segment (i) various corporate programs representing developmental businesses and research and development projects, which are not included in any major segment, and (ii) Motorola Credit Corporation (“MCC”), the Company’s wholly-owned finance subsidiary. 1%

 

    


 

DETAILS  
ETFs SPY
Sector Technology
Industry Communication Equipment
URLs http://www.motorola.com
Ticker (NYSE: MOT)
SIC 3663 - Radio & TV Broadcasting & Communications Equipment
Founded 1928
IPO  
   
Linked to Motorola Ventures
   
 
 
HISTORY TYPE Divestiture / Closures of Businesses
Jul 3, 2006 TC Completed the sale of its automotive electronics business to Continental AG, a leading automotive supplier, for approximately $1 billion
Dec 2, 2004   Freescale Semiconductor, Inc. (NYSE: FSL) - completed the spin-off by distributing its remaining 67.5% equity interest in Freescale Semiconductor to Motorola shareholders
     
 
HISTORY TYPE Acquisitions / Strategic Investment
Nov 10, 2006 DA Good Technology, a leader in enterprise mobile computing software and service. Terms of the transaction were not disclosed. | Linked to: Advanced Equities Financial Corp.; BA Venture Partners (BAVP); Benchmark Capital; BCP Capital (established in affiliation with Broadview International, now a division of Jefferies & Co.);  Crosslink Capital; k1 Ventures;  Kleiner Perkins Caufield & Byers
Sep 25, 2006   Vertasent, LLC based in Colmar, PA is a privately-held developer of software applications that enables services such as content-on-demand or IPTV to share resources and be delivered over a common infrastructure. Financial terms of the completed transaction were not disclosed. Vertasent’s management team and employees are expected to remain based in Colmar, PA and be integrated into the Motorola Connected Home Solutions business. | Linked to:
Jul 25, 2006   Privately-held Broadbus Technologies, Inc., a Boxborough, Ma.-based provider of technology solutions for Television On-Demand (TOD®). Broadbus Technologies, Inc. was founded in 1999. Financial terms of the transaction were not disclosed. | Linked to:  Battery Ventures; Charles River Ventures; Comcast Interactive Capital; Star Ventures
Jul 5, 2006 DA Clearwire Corporation, a high-speed wireless broadband services provider founded by Craig McCaw, today announced Motorola will acquire Clearwire's subsidiary NextNet Wireless.
Jun 1, 2006   Cash offer for the acquisition of TTP Communications plc (LSE: TTC) (“TTPCom”). Under the terms of the offer Motorola, through a wholly-owned subsidiary, will acquire TTPCom for ₤0.45 per share in cash. The offer values the entire existing issued and to be issued share capital of TTPCom, at ₤103 million, assuming the exercise of all outstanding options which carry an exercise price of less than ₤0.45 per share. TTPCom, based in Cambridge, England, is focused on the three core areas of mobile phone technology - applications, protocols, and silicon. The TTPCom business was founded in 1988 and has approximately 575 employees. Dr. Tony Milbourn, Chief Executive Officer of TTPCom, will continue to lead TTPCom’s engineering, product development, product support and product management. TTPCom will remain headquartered in Cambridge, England under the direction of Rob Shaddock, Chief Technology Officer of Motorola’s Mobile Devices Group.
 
May 2, 2006   Acquire from BenQ, a state-of-the-art research and development center, associated development and test equipment, and a team of product development engineers in Aalborg, Denmark.  The Aalborg facility and team will be integrated into Motorola’s Mobile Devices business and become a product development center for Motorola. Terms of the transaction were not disclosed. Motorola will acquire approximately 250 employees, the majority of whom are engineers.
 
     
Jan 17, 2006 TC
TND		 Kreatel Communications AB, a leading developer of innovative Internet Protocol (IPTV) based digital set-tops, headquartered in Linköping, Sweden. | Linked to: ABN AMRO Capital, SEB Företagsinvest and Innovationskapital
Sep 9, 2005 TC
TND		 Acquired from Melco Mobile Communication Europe (MMCE), a subsidiary of Mitsubishi Electric Corporation, a European team of i-mode design employees and a research center in western France.
Jun 29, 2005 DA
TND		 Key assets from British mobile handset maker Sendo Ltd.  A global leader in wireless communications, Motorola is purchasing Sendo’s UK- and Singapore-based research and development team and design and test equipment required by that team, as well as the company's intellectual property portfolio. [by the Mobile Devices segment]
2005 Ucentric Systems, Inc. [by the Connected Home Solutions segment]
2005   Joint venture with Comcast - focus on developing the next generation of conditional access technologies
2004 Quantum Bridge Communications, Inc. [by the Networks segment]
Aug 2004 Force Computers [by the Networks segment] a worldwide designer and supplier of open, standards-based and custom embedded computing solutions. Force Computers was integrated with Motorola Computer Group (“MCG”), and the two combined entities were renamed the Embedded Communications Computing Group. From Solectron
2004 Appeal Telecom of Korea by the Mobile Devices segment
Jul 2004 Initial public offering of a minority interest of approximately 32.5% of Freescale Semiconductor was completed
Apr 2004 Separated its semiconductor operations into a separate subsidiary, Freescale Semiconductor, Inc.
MeshNetworks, Inc., a leading developer of mobile mesh networking and position location technologies. [by CGISS - The Commercial, Government and Industrial Solutions segment]
CRISNET, Inc. [by CGISS - The Commercial, Government and Industrial Solutions segment]
Winphoria Networks, Inc. [by GTSS - The Global Telecom Solutions segment]
Synchronous, Inc. [by BCS - Broadband Communications segment]
Broadcom Investment
Nextel Investment
   
 
TYPE  
DA2A (DA2M) Definite Agreement to Acquire (Merge)
DA Definite Agreement
TC Transaction Completed
TND Terms of the transaction were not disclosed
TO Tender offer

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