It can’t come fast enough! From today’s Cynopsis Digital:
Google is looking to sell Motorola Mobility’s set-top box business before it even completes the $12.5 acquisition of the company, according to the New York Post. The search giant has enlisted the services of investment bank Qatalyst Partners and Barclays Capital to help sell the business. This comes a month after news that Cisco is seeking to sell its own set-top box subsidiary, Scientific Atlanta. The report also reveals that two other companies, Pace and Technicolor, are also looking to get out. According to the Post, a big reason for what may be the “slow death” of the set-top box is the introduction of software and devices that can integrate the TV with the web.