Motorola is in the early stages of looking into a potential sale of its $4.5bn television set-top box and network equipment business, and has hired JPMorgan and Goldman Sachs as advisors, reports Reuters. Motorola is in the early stages of seeking buyers for the unit, whose suitors include private equity firms and other communications equipment makers, although it may decide ultimately to keep the unit, said one source.

This entry was posted by Gwen Robinson on Thursday, November 12th, 2009 at 4:40 and is filed under Capital markets, M&A. Tagged with motorola. Edit this entry.