Motorola Expressed Interest in Acquisition of Sagem

Motorola has expressed interest in purchasing French handset manufacturer Sagem from its aerospace parent company Safran. Sagem has reportedly been struggling with financial losses, getting by with sales of low- to mid-range handsets. In an interview yesterday, Ronald Garriques, head of Motorola’s mobile handset business, told French newspaper Le Figaro “We have a serious interest in [...]

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