Motorola might sell-off cheaply
The buzz about Motorola planning to sell of its cellphone division is strong again. And as it seems the revival plan for motorola isn't working. I have been a Motorola fan. Frankly they were good! It is the only company who provides good after sales service in India, All others like SE and Nokia has disappointed us. But only if they could provide equally good products consistently. According to an estimate Motorola's cellphone division which was valued at $8bln untill last year, is now considered worth only $500 million. Thats a huge amount of value to lose in a year. And if that was not enough, some analysts believe that Motorola might have to pay something to get rid of the troubled handset division.
A lot of blame has been publicly put on the inefficient management at Motorola. The co has struggled to keep up the good work after the superhit MotoRazr in 2004. Frankly the MotoRazr 2 (V8) should have released a year earlier. Motorola has also failed to advance its Linux based A-series too well. The A780 and A1200 didn't do any magic, and upgrades were slow to come out. Even the 5MP ZN5 which is recently announced is late vs the competition, and only the existing supply contracts that Motorola has is supporting it!
With news that Videocon might be interested in buying out Moto ... Hope we can someday relive the good experiences we has with Brand Moto all these years. RIP
Tags: motorola takeover merger
