Ericsson Eyes Motorola Assets

February 2008
Red Herring;2/1/2008, p3
Trade Publication
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.


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