Motorola To Change Corporate Name

LIBERTYVILLE, Ill. (AP) -- Motorola Inc. said Thursday it plans to change its name to Motorola Solutions Inc. after it splits off its cell phone business into a separate company.

The cell phone and TV set-top box businesses will operate as Motorola Mobility.

The divisions that will operate under the name Motorola Solutions include the various products Motorola makes for businesses, such as network equipment and bar code scanners.

The long-planned split, which was put on hold during the recession, is scheduled for the first quarter of next year.

Shares of Motorola Inc. dipped 2 cents to $6.50 in afternoon trading.

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