Libertyville-based Motorola Mobility Inc. said Wednesday it plans to acquire a Swedish company specializing in software for Internet Protocol Television. Get the full story »
Motorola Mobility
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Motorola gives Sanjay Jha housing allowance
Sanjay Jha. (Robyn Beck/AFP/Getty Images)
Motorola Mobility Holdings Inc. has modified Chief Executive Sanjay Jha’s employment agreement to give him a monthly housing allowance instead of reimbursing him for his relocation from California to Illinois.
Jha, who was chief operating officer at San Diego, Calif.-based Qualcomm before taking the co-CEO position at Motorola Inc. in 2008, makes regular commutes from his West Coast home to the Chicago area. Motorola Mobility, which was split off from Motorola at the beginning of this year, is headquartered in Libertyville and has an office in San Diego. Get the full story »
Motorola’s Wi-Fi-only Xoom to sell for $599
Motorola Mobility says it will start selling a Wi-Fi-only version of its Xoom tablet computer for $599 on March 27. Get the full story »
iPad 2 dents Motorola Mobility stock price
Shares of Motorola Mobility slumped Thursday as Apple Inc.’s new iPad won rave reviews.
Motorola Mobility shares were recently down 5.2 percent, at $26.90.
Cowen and Co. downgraded the stock to neutral from outperform, a day after Apple took the wraps of the iPad 2. Apple shares were up nearly 2 percent. Get the full story »
Feb. 28 at 2:17 p.m.
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Filed under: Cell phones, Computers, Internet, Technology, Wireless Motorola touts wide rollout of phone/laptop tech
Motorola Mobility is planning to make its webtop application, which connects a smart phone with a laptop dock to simulate a desktop experience, a common feature on most of its high-end devices by year-end, Chief Executive Sanjay Jha said Monday.
Motorola introduced the webtop functionality at the Consumer Electronics Show in January, when it unveiled the Atrix, a smart phone running Google’s Android operating system. The Atrix, which will go on sale at AT&T stores next week, nestles into a thin laptop dock with an 11.6-inch display and full keyboard. The phone powers the set-up, which gives the user full PC capabilities, including Web-based desktop applications. Get the full story »
Motorola sues TiVo over DVR patents
Libertyville-based Motorola Mobility is suing TiVo Inc., saying that the technology company is infringing on several of its patents for digital video recorders.
Motorola Mobility was split off from Motorola Inc. at the beginning of the year and comprises mobile devices and TV set-top boxes. Motorola entered the cable business in 2000 with its $17 billion buyout of Horsham, Pa.-based General Instrument Corp. General Instrument’s DVR technology is at the heart of the lawsuit Motorola filed Friday against TiVo in federal court in Texarkana, Tex. Get the full story »
Trademark suit threatens Xoom launch
From CBS’ BNet | San Francisco-based Xoom Corp. filed suit against Motorola’s trademark entity seeking a “temporary restraining order and/or preliminary injunction” as well as a permanent injunction against use of the Xoom name. If granted, Motorola would have to immediately stop the launch of its high-buzz Xoom tablet computer until it could either legally resolve the matter or find another name. Get the full story>>
Motorola’s VC arm invests in California tech firm
The venture capital arm of Libertyville-based Motorola Mobility Holdings Inc. has made its first investment since splitting from Motorola Inc., putting an undisclosed sum into a California technology company that makes a “digital locker” for multimedia content.
Like its predecessor, Motorola Ventures, Motorola Mobility Ventures’ typical investment ranges between $3 million and $5 million. Motorola split into two independent companies in January, with Motorola Mobility housing the mobile devices and television set-top box units. Motorola Solutions, the other company that focuses on communications gear for government and industrial customers, has its own investment arm called Motorola Solutions Venture Capital. Get the full story »
Motorola confirms Xoom price: $600 with contract
(Motorola)
Motorola Mobility Inc.’s Xoom tablet, which debuted to positive buzz when it was introduced earlier this year, will go on sale at Verizon Wireless on Thursday at a subsidized price of $599.99 or $799.99 without a contract, the companies said Tuesday.
The pricing confirms remarks made by Motorola Mobility Chief Executive Sanjay Jha on the sidelines of the Mobile World Congress show in Spain. Reuters had also quoted Jha as saying, “Competing with Apple, you have to deliver premium products.”
Motorola introduced the Xoom in January at the Consumer Electronics Show in Las Vegas. The device is the first to run Honeycomb, a version of Google’s Android operating system that is specifically designed for tablets. Get the full story »
Motorola Mobility CEO defends $800 Xoom price
Motorola Mobility Chief Executive Sanjay Jha defended his decision to sell the company’s coming Xoom tablet in the U.S. at $800, a higher price tag than market leader Apple Inc.’s iPad.
Jha, speaking to reporters at Barcelona’s Mobile World Congress, said a device that was 4G compatible on Verizon’s network was worth the extra money. A 32GB iPad with 3G currently retails in the U.S. for $729. Get the full story »
Motorola’s Xoom tablet priced at $799
The Motorola Xoom. (Reuters)
Motorola Mobility Holdings’ Xoom tablet will sell for an unsubsidized $799 at Verizon Wireless, with the WiFi-only version priced at around $600 price, chief executive Sanjay Jha said on Wednesday.
“Competing with Apple you have to deliver premium products,” Jha said, adding Xoom software was also upgradable.
Motorola is a latecomer to the surging market for tablet computers, which was created by Apple’s iPad last year, and is expected to reach total sales volumes of around 50 million units this year. Get the full story »
3LM partners up to launch Android platform
Three Laws Mobility Inc., a mobile software firm that was just acquired by Libertyville-based Motorola Mobility Holdings Inc., has partnered with a number of mobile phone manufacturers to launch a new Android-based platform for enterprise users.
Motorola Mobility just announced its acquisition of Mountainview, Calif.-based 3LM on Monday. The startup, which specializes in Android-based software and products for business users, is operating as its own business unit within Motorola. Get the full story »
Icahn’s investment in Motorola declines in value
From Bloomberg News | Activist investor Carl Icahn is loading up on shares of Clorox, his most recent investment, after the shares of some of his other investments have declined in value. According to Bloomberg data, Motorola Inc. and Lions Gate Entertainment Corp. are worth less now than when Icahn’s stakes in the companies were first disclosed.
Motorola shares falls on report of cheaper iPhones
Shares of Motorola Mobility fell about 5 percent on Monday on concerns it would be particularly vulnerable to competition from the next version of Apple Inc.’s iPhone.
Motorola shares fell $1.44 or 4.6 percent at $29.71 on New York Stock Exchange after the Wall Street Journal reported Apple was developing a cheaper iPhone that is cheaper than its current model, the iPhone 4, and about half the size. Get the full story »
