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This Day in History

motorola

Motorola Inc
Type Public (NYSE: MOT)
Founded 1928
Headquarters Schaumburg, Illinois, USA
Key people Edward Zander, CEO & Chairman
Industry Communications Equipment
Products Embedded computer systems
Mobile phones
Two-Way radios
Revenue $36.84 billion USD (2005)
Employees 69,000 (07/2006)
Website www.motorola.com

Motorola (NYSE: MOT) is an American international communications company based in Schaumburg, Illinois, a Chicago suburb.

Contents

  • 1 Divisions
  • 2 History
  • 3 Diversity
  • 4 Products
  • 5 External links

Divisions

  • Connected Home Solutions (CHS)
  • Corporate (CORP)
  • Mobile Devices (MD)
  • Networks & Enterprise
    • an internal merger of the Networks and Government and Enterprise Mobility Solutions (GEMS) divisions

History

Motorola started as Galvin Manufacturing Corporation in 1928. The name Motorola was adopted in 1947, but the word had been used as a trademark since the 1930s. Founder Paul Galvin came up with the name Motorola when his company started manufacturing car radios. A number of early companies making phonographs, radios, and other audio equipment in the early 20th century used the suffix "-ola", the most famous being Victrola; RCA made a "radiola"; there was also a company that made jukeboxes called Rock-Ola, and a film editing device called a Moviola. The Motorola prefix "motor-" was chosen because the company's initial focus was in automotive electronics.

Most of Motorola's products have been radio-related, starting with a battery eliminator for radios, through the first walkie-talkie in the world, defense electronics, cellular infrastructure equipment, and mobile phone manufacturing. The company was also strong in semiconductor technology, including integrated circuits used in computers. Motorola has been the main supplier for the microprocessors used in Commodore Amiga, Apple Macintosh and Power Macintosh personal computers. The chip used in the latter computers, the PowerPC family, was developed with IBM and in a partnership with Apple (known as the AIM alliance). Motorola also has a diverse line of communication products, including satellite systems, digital cable boxes and modems.

On October 6, 2003, Motorola announced that it would spin off its semiconductor product sector into a separate company called Freescale Semiconductor, Inc.. The new company began trading on the New York Stock Exchange on July 16th of the following year.

See also: List of Motorola products (including Freescale's semiconductors)

The Six Sigma quality system was developed at Motorola even though it became best known through its use by General Electric. It was created by engineer Bill Smith, under the direction of Bob Galvin (son of founder Paul Galvin) when he was running the company. Motorola University is one of many places that provides Six Sigma training.

Recently, a massive turnaround plan has been executed successfully by CEO Edward Zander, although many credit former CEO Chris Galvin with taking the first comprehensive steps. Due to recent layoffs and the spinoff of Freescale Semiconductor, the number of employees working for Motorola has gone from just over 150,000 to approximately 66,000. Motorola has recently been regaining market share in the cellular-phone business from Nokia, Samsung and others due to stylish new cellular phone designs like the Motorola RAZR V3. The company also unveiled the first ever iTunes phone, the Motorola ROKR E1, in September 2005, and the Motorola SLVR in January 2006. Motorola has recently announced its new iRadio music service as a potential substitute for iTunes compatibility.

Motorola sold its Automotive division to Continental in April 2006 and is proceeding with a policy of streamlining its cell phone business, with regard to taking over the number one spot from Nokia.

Diversity

Motorola received a 100% rating on the Corporate Equality Index released by the Human Rights Campaign starting in 2004, the third year of the report.

Products

See the list of Motorola products.

External links

  • Motorola official website
    • A short history timeline
  • Motorola Company Profile and News Archive
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Here's our top rated motorola links for the day:

Investors file suit to prevent Motorola from buying firm 

Chicago Tribune - Oct 07 3:40 AM
Symbol Technologies Inc., a maker of bar-code scanners, said Friday that investors sued to block Motorola Inc.'s $3.9 billion acquisition of the company.

Symbol Technologies shareholders file suit to stop Motorola takeover 
The Philadelphia Inquirer - Oct 07 12:21 AM
Symbol Technologies Inc., a Holtsville, N.Y., maker of bar-code scanners, said shareholders have filed lawsuits to prevent Motorola Inc.'s $3.9 billion acquisition of the company. The lawsuits are without merit, Symbol said. Motorola agreed on Sept. 19 to buy Symbol for $15 a share in cash, an 18 percent premium to Symbol's closing price of $12.71 a share on Sept. 15. That values the acquisition

Motorola Buyout of Symbol Hit by Suits 
AP via Yahoo! Finance - Oct 06 8:18 AM
Barcode scanner maker Symbol Technologies Inc. said Friday that some of its shareholders have filed class action lawsuits against the company, seeking to stop Symbol's proposed acquisition by Motorola Inc.

Motorola faces trial on Iridium 
Chicago Tribune - Oct 06 3:36 AM
Remember Iridium, Motorola Inc.'s ambitious satellite-phone project that flopped so spectacularly in 1999?

Motorola Sees Symbol at Heart of Goals 
CRM Daily - Oct 06 9:56 AM
Motorola is getting a lot for its $4 billion buyout of Symbol Technologies. But whether that includes a future for what Motorola executives call enterprise mobility remains to be seen. The acquisition, announced this week, gives Motorola access to a blue-chip list of customers in key vertical markets, where Symbol's diverse product portfolio has been strong. Those products include rugged

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