Motorola, Inc. (pronounced /moʊtɵˈroʊlə/) was an American-based, multinational,[6] telecommunications company based in Schaumburg, Illinois, which was split into two independent public companies, Motorola Mobility and Motorola Solutions on January 4, 2011 after having lost $4.3 billion from 2007 to 2009.[7] Motorola Solutions is generally considered to be the direct successor to Motorola, Inc., as the reorganization was structured with Motorola Mobility being spunoff.[8]
Motorola designed and sold wireless network infrastructure equipment such as cellular transmission base stations and signal amplifiers. Motorola's home and broadcast network products included set-top boxes, digital video recorders, and network equipment used to enable video broadcasting, computer telephony, and high-definition television. Its business and government customers consisted mainly of wireless voice and broadband systems used to build private networks and public safety communications systems like Astro and Dimetra. These businesses are now part of Motorola Solutions.
Motorola's wireless telephone handset division was a pioneer in cellular phones. Known as the Personal Communication Section (PCS) prior to 2004, it pioneered the flip phone with the StarTAC in the mid-1990s, and it enjoyed a resurgence with the RAZR in the mid-2000s before losing significant market share. Lately it has focused on smartphones using Google's open-source Android mobile operating system. The first phone to use the newest version of Google's open source OS, Android 2.0, was released on November 2, 2009 as the Motorola Droid (the GSM version launched a month later, in Europe, as the Motorola Milestone). The handset division has since then been spun off into the independent Motorola Mobility.

Motorola Solutions, Inc. (Motorola Solutions), formerly Motorola, Inc., provides technologies, products, systems and services. Motorola Solutions’s portfolio include wireless handsets, wireless accessories, digital entertainment devices, set-top boxes and video distribution systems, analog and digital two-way radios, wireless and wireline broadband network products, and end-to-end enterprise mobility products. The Company operates in three segments: Enterprise Mobility Solutions Segment (the segment), Mobile Devices Segment and Home Segment. On January 4, 2011, the separation of Motorola Mobility Holdings, Inc. (Motorola Mobility) from Motorola Solutions (the Separation) was completed. During the year ended December 31, 2010, the Company completed the sale of its Israel-based wireless network operator business.
Enterprise Mobility Solutions Segment
The Enterprise Mobility Solutions segment designs, manufactures, sells, installs and services analog and digital two-way radios, wireless local area network (LAN) and security products, and voice and data communications products and systems. These products are provided primarily to private networks, wireless broadband systems and end-to-end enterprise mobility solutions to a range of customers, including government and public safety agencies. During 2010, the segment’s net sales represented 41% of the Company’s net sales, and represented 100% of the Company’s net sales following the Separation of Motorola Mobility.
Motorola Solutions provides business and communication, products and services for enterprise and government customers. It offers a portfolio of advanced networks, services, applications and devices for products-based integrated digital enhanced network (iDEN) technology. The segment also provides products and systems for the advanced exchange of information at the point of business activity. Its products include two-way radio systems and devices, mobile computing products, advanced data capture products, including barcode scanners and imagers, radio frequency identification (RFID) infrastructure, software management, security tools and wireless infrastructure. The Company’s products and services are sold stand-alone or as an integrated solution through its PartnerEmpower. Its segment also provides systems engineering, installation and other technical and systems management services.
The Company competes with Cisco, EADS, EF Johnson, Harris, Honeywell, Intermec and Kenwood.
Mobile Devices Segment
The Mobile Devices segment is a provider of mobile devices and related products and services designed to deliver mobile communications, such as voice, messaging, and push-to-talk and video. It also delivers mobile Internet access and content, including multimedia, social networking, navigation and other mobile applications. During 2010, Mobile Devices Segment’s net sales represented 40% of the Company’s net sales.
Mobile Devices segment designs, manufactures and sells a range of mobile devices. Its product portfolio of mobile devices include smartphones, which are wireless phones with advanced Internet browsing and application capabilities; feature-phones, which are wireless phones with limited Internet browsing and application capabilities; voice-centric phones, which are primarily used for calls and text messaging, and media tablet devices (slates), which offers multimedia and functionality to the end user. This segment also provides complementary mobile software, services and accessories. The Mobile Devices segment markets its products worldwide to mobile network operators and carriers (wireless carriers) and consumers through direct sales, retailers and distributors.
The Company competes with Nokia, Samsung, LG, Sony-Ericsson, Apple, RIM and HTC.
Home Segment
The Home segment is a provider of products and services to cable operators and wireline telecommunications (telco) service providers (network operators) that delivers video, voice and data services to consumers. The segment’s product portfolio primarily includes interactive set-top boxes, end-to-end digital video and Internet protocol television (IPTV) distribution systems, broadband access infrastructure platforms, and associated data and voice customer premises equipment (CPE). During 2010, the segment’s net sales represented 19% of its net sales. Its products and services are used by content providers and network operators throughout the delivery network, and consumers in the home.
The Company provides a range of set-top boxes for network operators that support standard definition TV (SDTV) and high definition television (HDTV) delivery, including set-top boxes with integrated digital video recorder (DVR) capability. This segment’s set-top boxes support a range of delivery architectures, including cable TV IPTV. It also supplies modems and gateways for data over cable service interface specification (DOCSIS) 3.0 and Optical Terminal Nodes (OTNs) for digital subscriber line (DSL) networks and passive optical networks (PON). Its cable modem termination systems (CMTS) for DOCSIS 3.0 networks and its optical headend and network equipment enable network operators to deliver video, data and voice services.
Motorola Solutions provides integrated receiver decoders (IRDs), multiplexers and transcoders that receive content from the content providers for redistribution over the operators’ networks. This segment also provides encoders for local programming, video-on-demand (VOD) servers and multiplexers for placement of advertising streams. Its portfolio includes software that enables the delivery and management of multi-screen experiences across a range of cable, telco and wireless platforms.
Home Segment’s products include security solutions used between the headend and the home, and device management technology for set-top boxes and modems. Its Moving Picture Experts Group (MPEG)-compliant SDTV and HDTV video encoding, as well as processing and multiplexing equipment, is used by content providers to deliver programming to network operators’ headends and central offices. Its conditional access technology secures the video content during transmission.
The Company competes with Cisco, Pace and Arris.


The growth of the computer industry has provided both opportunities and challenges for Motorola. Throughout the 1980s, the company's most popular 68000 family of microchips powered personal computers (PCs) and workstations built by Apple Computer, Inc., Hewlett-Packard Company, Digital Equipment Corporation, and Sun Microsystems, Inc., among others. Upstart competitor Intel Corporation, whose chips were the cornerstone of International Business Machines Corporation (IBM) and IBM-compatible PCs, launched a successful campaign to capture the microchip market. Intel combined ever-increasing power and speed with aggressive marketing to win the semiconductor market from Motorola. Undaunted, Motorola teamed up with industry giants Apple and IBM to develop the PowerPC in the 1990s. As of 1993, Motorola ranked third among the world's semiconductor manufacturers, behind Intel and Japan's NEC Corp.
In many respects, however, Motorola's computer chip operations have been eclipsed by its communications interests. The company's 45 percent leading share of the global cellular phone market and whopping 85 percent of the world's pager sales forced it to place an increased emphasis on consumer marketing in the early 1990s. Accordingly, Motorola recruited market specialists from General Electric, Black and Decker, Apple, and (as Fortune put it in a 1994 article) "even Mattel." The company began selling its pagers at mass merchandisers and offering them in a variety of colors. Evidence of its re-entry into the consumer market after nearly twenty years came in the form of a 1993 television and print campaign targeted at women (especially mothers).
Over the course of the 1980s, Motorola's sales and profits tripled, to $9.6 billion and $498 million, respectively, in 1989. By 1993, sales vaulted over 56 percent to $16.96 billion and earnings more than doubled to over $1 billion. The company underwent its third transfer of power that year, when Robert Galvin "retired" to the office of chairman of the executive committee of the board at the age of 71. Gary L. Tooker, former president and chief operating officer, advanced to the chair and chief executive office, and Galvin's son Christopher assumed Tooker's responsibilities.
Although some analysts worried that Motorola, like many other large, successful corporations, would fall into complacency, that fear did not seem well founded. The company has earned a reputation for "self-obsolescence" that seemed likely to keep it in the vanguard of wireless communication. For example, the Motorola Integrated Radio Service (MIRS) combined features of cellular phones, pagers, and two-way radios in a system that could rival all three. Motorola hoped to undermine the cellular "duopolies" organized by the Federal Communications Commission by operating the system over Specialized Mobile Radio (SMR) frequencies that had been limited to use by taxis and tow trucks. Motorola also continued work on its multi-billion dollar "Iridium" project, a plan to wirelessly interconnect the entire globe through a system of low-earth-orbiting satellites (LEOS). The company hoped to complete the project by 1998.
Continuing globalization at Motorola focused on Asian, Eastern European, and Latin American markets in the early 1990s. In 1993, the company announced "Corporate America's biggest manufacturing venture in China": two plants for the manufacture of simple integrated circuits, pagers, and cellular phones. Motorola executives expected foreign revenues to constitute 75 percent of annual sales by the turn of the century, up from 56 percent in 1993.
Principal Subsidiaries: Codex Corporation; Motorola Credit Corporation; Motorola International Capital Corporation; Motorola International Development Corporation; Universal Data Systems; Motorola Australia Proprietary Ltd.; Motorola (China) Electronics Ltd.; Iridium, Inc.; Motorola International Sales, Inc.; Motorola Lighting, Inc.; Motorola Satellite Communications, Inc.; Motorola Telcarro de Puerto Rico, Inc.; Motorola A.S.; Motorola Electronique Automobile; Motorola S.A. (France); Motorola Electronic GmbH (Germany); Motorola B.V. (The Netherlands); Motorola Communications Israel Ltd.; Motorola Telephone Cellular Communication Ltd.; Motorola SpA (Italy); Nippon Motorola, Ltd. (Japan); Motorola Electronics Sdn. Bhd. (Malaysia); Embarc Communication Services, Inc.; Motorola Philippines, Inc.; Motorola Espana S.A.; Motorola A.B. (Sweden); Telcel S.A.; Motorola Foreign Sales Corp.; Motorola Componentes de Puerto Rico, Inc.; Motorola Portavoz de Puerto Rico, Inc.; Motorola Telcarro de Puerto Rico, Inc.; Motorola Canada Ltd.; Motorola Limited (United Kingdom); Motorola Semiconducteurs S.A. (France); Motorola GmbH (Germany); Motorola Asia Ltd. (Hong Kong); Motorola Semiconductors Hong Kong Ltd.; Motorola Israel Limited; Motorola Korea, Ltd.; Motorola Malaysia Sdn. Bhd.; Motorola Semiconductor Sdn. Bhd. (Malaysia); Motorola de Mexico, S.A.; Motorola Electronics Pte. Ltd. (Singapore); Motorola Electronics Taiwan, Ltd.


OVERALL
Beta: 1.71
Market Cap (Mil.): $16,029.21
Shares Outstanding (Mil.): 339.53
Annual Dividend: --
Yield (%): --
FINANCIALS
MSI Industry Sector
P/E (TTM): 31.15 18.25 19.91
EPS (TTM): 2,746.76 -- --
ROI: 3.70 5.56 15.90
ROE: 6.42 6.93 17.49

Statistics:
Public Company
Incorporated: 1928 as Galvin Manufacturing Corporation
Employees: 120,000
Sales: $16.96 billion
Stock Exchanges: New York Midwest London Tokyo
SICs: 3674 Semiconductors and Related Devices; 3663 Radio and TV Broadcasting and Communication Equipment; 3661 Telephone and Telegraph Apparatus; 3571 Electronic Computers; 3694 Electrical Equipment for Internal Combustion Engines; 3812 Search and Navigation Equipment; 3670 Electronic Components and Accessories.

Name Age Since Current Position
Brown, Gregory 50 2011 Chairman of the Board, President, Chief Executive Officer
Fitzpatrick, Edward 44 2011 Chief Financial Officer, Senior Vice President
Delaney, Eugene 54 2011 Executive Vice President - Product and Business Operations, Enterprise Mobility Solutions
Jones, Leslie 64 2011 Senior Vice President, Chief Information Officer
Conrado, Eduardo 44 2011 Senior Vice President, Chief Marketing Officer
Steverson, Lewis 47 2011 Senior Vice President, General Counsel and Secretary to the Board
Moon, Mark 47 2011 Senior Vice President - Sales & Field Operations
Carlin, Michele 49 2011 Senior Vice President - Human Resources
Tandy, Karen 57 2011 Senior Vice President - Public Affairs
Mark, Kelly 39 2011 Corporate Vice President - Strategy and Staff Operations
Wozniak, John 39 2011 Corporate Vice President, Chief Accounting Officer
Annes, Michael 47 2011 Corporate Vice President - Business Development and Ventures
Dorman, David 57 2011 Lead Independent Director
Lewent, Judy 62 2010 Independent Director
Scott, Samuel 66 1993 Independent Director
White, John 71 1995 Independent Director
Warner, Douglas 64 2002 Independent Director
Bratton, William 63 2011 Independent Director
Hayden, Michael 65 2011 Independent Director
Intrieri, Vincent 54 2011 Independent Director


Address:
1303 East Algonquin Road
Schaumburg, Illinois 60196-1079
U.S.A.
 
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