Motorola To Spinoff Its Semiconductor Division

Now that Apple is starting to cozy up to IBM for the heart of its computers, what of Motorola, who has supplied processors and other chips for Apple products for decades? According CBS MarketWatch, the semiconductor arm of Motorola will become a subsidiary of Motorola and stocks for the spinoff will be offered publicly. This from the MarketWatch article, Motorola proceeds with $2 bln spinoff