According to a report by the Wall Street Journal, Motorola Inc. is seeking to sell its largest division, which makes equipment for cable and wireless companies, according to a report Wednesday.
The Schaumburg, Ill., company is exploring a sale worth about $4.5 billion, according to The Wall Street Journal's Web site, which cited "people familiar with the matter."
For years, Motorola has been weighing the possibility of splitting up its three main businesses: mobile phones, enterprise mobility, and home and networks mobility. The company had hoped to spin off the mobile business once before, but that effort failed.
Potential buyers of the "Home and Network Mobility" unit include private-equity firms and makers of telecommunications equipment like Samsung Electronics Co. of South Korea and Huawei Technologies Co. of China, the Journal said.
