Google looks to sell Motorola’s set-top box business – For $2B

Earlier this year, it had been rumored that Google was interested in selling Motorola’s set-top box and television equipment business. Well according to Bloomberg, Google is still continuing its plans to sell this part of Moto’s business. The Mountain View-based company has hired firm Barclays to look for buyers. Google is said to be looking for up to $2 billion in the deal, but the sale is in its very early stages so the exact terms are not clear.

Since Google and Motorola’s $12.5 billion deal went official this summer, Motorola has gone through several changes company-wide. The most notable change occurred when up to 4,000 employees were laid off in addition to the closing of 30 of Motorola’s 90 worldwide facilities. Furthermore, there have been several executive changes as the company looks to get back into creating some serious mobile devices. Stay tuned to DroidDog for any updates to what looks to be a major deal in the very near future.

Bloomberg via 9To5Google

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