allaboutsymbian
December 23rd, 2009, 03:40
http://www.blogcdn.com/www.engadget.com/media/2009/12/moto-auction-12-22-09.jpg (http://www.reuters.com/article/idUSTRE5BH4GM20091218)
It hasn't been much of a secret that Motorola is looking to sell its set-top box business (http://hd.engadget.com/2009/11/11/motorola-might-be-looking-to-sell-set-top-business-weve-got-5/), and it looks like several potential suitors are already lining up to place bids on the division now that the company has put the word out in a slightly more formal manner. While everything is obviously still in the earliest stages, Reuters reports that a number of major private equity firms -- including Bain Capital, TPG Capital, and the Blackstone Group -- have informed Motorola of their interest in the business, with other companies including equipment maker Arris (http://hd.engadget.com/tag/arris) also said to be considering a bid. Details are otherwise a bit light, as you might expect, but at least some folks have valued the business as high as $4.5 billion -- although other "sources familiar with the matter" say the bidding will likely stay under $4 billion.
Several bidders line up to buy Motorola's set-top box division (http://www.engadget.com/2009/12/22/several-bidders-line-up-to-buy-motorolas-set-top-box-division/) originally appeared on Engadget (http://www.engadget.com) on Tue, 22 Dec 2009 22:19:00 EST. Please see our terms for use of feeds (http://www.weblogsinc.com/feed-terms/).
Permalink (http://www.engadget.com/2009/12/22/several-bidders-line-up-to-buy-motorolas-set-top-box-division/) http://www.blogsmithmedia.com/www.engadget.com/media/post_label_VIA.gifMocoNews (http://moconews.net/article/419-several-suitors-are-reportedly-interested-in-motorolas-set-top-business/http://moconews.net/article/419-several-suitors-are-reportedly-interested-in-motorolas-set-top-business/) | http://www.blogsmithmedia.com/www.engadget.com/media/post_label_source.gifReuters (http://www.reuters.com/article/idUSTRE5BH4GM20091218) | Email this (http://www.engadget.com/forward/19291507/) | Comments (http://www.engadget.com/2009/12/22/several-bidders-line-up-to-buy-motorolas-set-top-box-division/#comments)
More... (http://www.engadget.com/2009/12/22/several-bidders-line-up-to-buy-motorolas-set-top-box-division/)
It hasn't been much of a secret that Motorola is looking to sell its set-top box business (http://hd.engadget.com/2009/11/11/motorola-might-be-looking-to-sell-set-top-business-weve-got-5/), and it looks like several potential suitors are already lining up to place bids on the division now that the company has put the word out in a slightly more formal manner. While everything is obviously still in the earliest stages, Reuters reports that a number of major private equity firms -- including Bain Capital, TPG Capital, and the Blackstone Group -- have informed Motorola of their interest in the business, with other companies including equipment maker Arris (http://hd.engadget.com/tag/arris) also said to be considering a bid. Details are otherwise a bit light, as you might expect, but at least some folks have valued the business as high as $4.5 billion -- although other "sources familiar with the matter" say the bidding will likely stay under $4 billion.
Several bidders line up to buy Motorola's set-top box division (http://www.engadget.com/2009/12/22/several-bidders-line-up-to-buy-motorolas-set-top-box-division/) originally appeared on Engadget (http://www.engadget.com) on Tue, 22 Dec 2009 22:19:00 EST. Please see our terms for use of feeds (http://www.weblogsinc.com/feed-terms/).
Permalink (http://www.engadget.com/2009/12/22/several-bidders-line-up-to-buy-motorolas-set-top-box-division/) http://www.blogsmithmedia.com/www.engadget.com/media/post_label_VIA.gifMocoNews (http://moconews.net/article/419-several-suitors-are-reportedly-interested-in-motorolas-set-top-business/http://moconews.net/article/419-several-suitors-are-reportedly-interested-in-motorolas-set-top-business/) | http://www.blogsmithmedia.com/www.engadget.com/media/post_label_source.gifReuters (http://www.reuters.com/article/idUSTRE5BH4GM20091218) | Email this (http://www.engadget.com/forward/19291507/) | Comments (http://www.engadget.com/2009/12/22/several-bidders-line-up-to-buy-motorolas-set-top-box-division/#comments)
More... (http://www.engadget.com/2009/12/22/several-bidders-line-up-to-buy-motorolas-set-top-box-division/)