This one is still far from a sure thing and would represent something of an about-face from earlier statements made by CEO Larry Page, but The New York Post is reporting today that Google may be looking to sell-off Motorola Mobility's set-top box division as its $12.5 billion acquisition of the company nears a close. Specifically, the Post reports that Google has brought on Qatalyst Partners and Barclays Capital to help shop the business around, and the paper's sources say that Google is "highly likely" to sell-off the division, at least partly because cable operators have "shunned" buying Motorola set-top boxes ahead of the acquisition. Details get decidedly murkier beyond that, with one source only going so far as to ballpark a possible sale price at anywhere from $2.5 to $4 billion. For its part, Google said only that it doesn't "comment on rumor or speculation."Google reportedly considering sell-off of Motorola's set-top box business originally appeared on Engadget on Wed, 07 Mar 2012 11:51:00 EDT. Please see our terms for use of feeds.
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The New York Post | Email this | CommentsSource: http://www.engadget.com/2012/03/07/google-reportedly-considering-sell-off-of-motorolas-set-top-box/
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