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Rumor Alert: Ericsson looking to buy Motorola

Categories: Partnerships, Rumors
By: , IntoMobile
Thursday, May 10th, 2007 at 1:23 PM

Ericsson rumored to buy MotorolaThere’s some speculation that Ericsson is looking into buying Motorola to re-structure the ailing company into two segments – network kits (for mobile operators) and consumer handsets. The rumor, started by Carl Icahn, is a bit puzzling. Ericsson already has a consumer handset manufacturing division in Sony Ericsson, which is already leaps and bounds ahead of the stumbling Motorola design team. YahooNews also reports that Ericsson is “not entering into a major acquisition period. We have a lot of the acquisitions behind us,” according to Ericsson Chief Executive Carl-Henric Svanberg.

via: mobilecrunch

About The Author

Will Park

Will hails from The City of Angels - Los Angeles, California. He spends his time playing with his numerous gadgets and looking forward to seeing what future holds for mobile technology. An avid promoter of a fully "digital" life, he promotes the widespread adoption of truly mobile, paper-less living. He dreams of the day when he can go completely digital. No more snail mail, paper receipts, bound books, notepads/spiral notebooks, credit cards, hard currency. He's a digital warrior - fighting for the converged life. He is an idealist and a realist - he has a perfect view of what the world should be but knows that the world is not perfect. Can we ever hope to see Will's dream become reality? We'll see...

  • PineRoot

    Doesn’t seem likely, there is really no “true” benefit for Ericsson…where did this rumor come from?