Motorola, Inc. (NYSE:MOT) through Motorola Ventures, its strategic venture capital arm, announced today it made an equity investment in VirtualLogix, a maker of virtualization software for communications devices and infrastructure equipment. Financial terms of the investment were not disclosed.
VirtualLogix is a leader in real-time virtualization — an innovative technology that is shaping the future for [...]
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Motorola Invests in VirtualLogix
Motorola Announces Departure of Stu Reed
Motorola, Inc. (NYSE:MOT) today announced that Stu Reed, formerly the president of Motorola’s Mobile Devices business, has decided to leave the Company, effective immediately.
Mr. Reed and his team launched a number of key initiatives important to the Mobile Devices business that the Company will continue to drive and expand upon.
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Motorola Names Paul J. Liska Chief Financial Officer
Motorola, Inc. (NYSE:MOT) today announced Paul J. Liska has been named executive vice president and chief financial officer (CFO) of Motorola, effective March 1, 2008. Mr. Liska will report directly to Greg Brown, president and chief executive officer. Tom Meredith, the company’s acting CFO will continue as a non-management board member and will work closely [...]
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Motorola Announces Third-Quarter Sales and Earnings
Motorola, Inc. (NYSE:MOT) today reported sales of $8.8 billion for the third quarter of 2007. The GAAP earnings from continuing operations for the third quarter of 2007 were $0.02 per share, which includes net charges of $0.04 per share related to charges associated with previously announced workforce reductions and a write-down of intangible assets.
“We are [...]
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