Motorola Set-top Box Unit For Pe Bids – Luxcellphone Posted By: candy
The Motorola is profassional in producing characteristic cell phones, such as Motorola Aura, Motorola R1 , Motorola R2 etc. However, now the Motorola company begin to develop another area.
U.S. mobile phone maker Motorola Inc’s (MOT.N) set-top box unit has generated a lot of private equity interest, with a number of major buyout firms putting in initial bids this week, several sources familiar with the matter said.
Motorola is exploring a potential sale of its television set-top box and wireless networking equipment business, sources told Reuters last month. Called “home and networks mobility,” the unit had $10.1 billion in 2008 sales.
The first round expressions of interest, due on Wednesday, came from private equity firms including Bain Capital, TPG Capital TPG.UL, Blackstone Group LP (BX.N), KKR KKR.UL and Silver Lake Partners, the sources said.
Companies such as Arris Group Inc (ARRS.O), a communications equipment maker, could also be interested in the unit, although they are likelier to team up with private equity firms than go it alone, two of the sources said. It is unclear whether Arris put in an offer.
The bids are very early stage, some of the sources cautioned.Motorola Aura Motorola R1 Motorola R2
« Making Extra Money With Legitimate Work At Home Jobs Posted By: Steve Albright | Home | Internet Calls: Voip Technology For Cheap Calling Posted By: Cyrilbird »
Leave a Comment