According to two people familiar with the matter, Google has tapped financial firm Barclays to help them sell Motorola’s set top box business to interested buyers. Things are still early, but Google is hoping to sell it for as much as $2 billion. The move comes soon after Motorola laid off 20% of its workforce and closed down 30% of its 90 facilities, as a way to decrease costs and increase profitability.
This may be just another way for Google to make Motorola a lean division, that is profitable and self-sustaining. However, it comes as a bit of a surprise – when news broke out that Google is buying Motorola a year ago, people [...]