Fading Prospects Puts Last Vestige of Motorola Empire Up For Sale

Greg Brown, president and chief executive officer of Motorola Solutions Inc., second from right, rings the closing bell at the New York Stock Exchange in New York on Jan. 4, 2011.

Photographer: Michael Nagle/Bloomberg
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The last vestige of the Motorola empire is on the block after struggling with stagnant earnings.

Motorola Solutions Inc., the $15.6 billion maker of two-way radios and other communications equipment, is exploring a possible sale, according to people familiar with the matter. Buyers could include private-equity firms or companies such as Raytheon Co., Honeywell International Inc. and General Dynamics Corp., said one of the people, asking not to be named because the information is confidential.