Without any official confirmation, The New York Post reported today that Google is looking to sell Motorola Mobility’s set-top box division as the $12.5 billion acquisition of the company looms.
Google allegedly summoned Qatalyst Partners and Barclays Capital to help shop the asset around. However, the publication’s sources indicated Google is not likely to unload the division, because cable operators are “shunning” Motorola set-top boxes before the acquisition closes.
With that said, one source speculated a possible sale price between $2.5 billion to $4 billion.
More information is available below.
It is worth noting that selling the asset would prove opposite of Google’s initial plan. CEO Larry Page suggested during his announcement of the buyout last August that the business would boost his plans to innovate the home device and video solutions space.
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