TITLE

Ericsson Eyes Motorola Assets

PUB. DATE
February 2008
SOURCE
Red Herring;2/1/2008, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that Ericsson Chief Executive Officer (CEO) Carl-Henric Svanberg has revealed that the Swedish firm is interested in acquiring any assets that U.S. rival Motorola would put up for sale but would be "very cautious" about any deal. Svanberg speaking at an analysts' conference emphasized that they would take a very cautious view on such a thing because they believe that they are better off doing it on their own. Motorola has announced that it was considering separating its loss-making mobile phone unit.
ACCESSION #
36876290

 

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