Motorola announces post split names

NEW YORK, USA: Motorola Inc said on Thursday it plans to rename its businesses as Motorola Solutions Inc and Motorola Mobility after its proposed split in two in the first quarter of 2011.

Also read: Motorola chief to mull dividend after separation

Motorola Mobility will comprise of the company's mobile devices and set-top box business, while Motorola Solutions will include its enterprise and network equipment business.

Its shares were down 7 cents, or 1 percent, at $6.45 after the news