Motorola, whose telecom-equipment arm claims Verizon Wireless and Sprint Nextel as clients, is in talks with Nokia Siemens Networks to sell the networking unit for more than $1 billion, according to a published report, which adds that the deal could still collapse. To unlock more market value, Motorola is splitting the company into two parts, with the other being its unit that makes mobile handsets and set-top boxes.

Related Summaries