Monday, December 10, 2012

Google may entertain financing options to help sell Motorola's set-top business, claims Bloomberg

motorola cable box

Google has been trying to offload its Motorola Home Business, which it acquired with its $12.5 billion purchase of Motorola Mobility earlier this year, for some time now, but it seems that selling an aging set-top business these days is easier said that done. According to the latest from Bloomberg's sources, the best offers that Google has had for Motorola Home have come from existing set-top manufacturers, and even then, Google may have to help finance the purchase in order to make the deal close.


Bloomberg says that Arris Group and Pace Plc have shown the most interest in Motorola Home and currently have the leading bids in for the company. Arris provides back-end services like telephony and networking equipment to cable providers,...


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via The Verge - All Posts http://www.theverge.com/2012/12/10/3750676/google-finance-options-sell-motorola-home-bloomberg

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