Motorola eyeing French handset maker?

Motorola appears to have its targets set on Europe for growth opportunities in both its networking and handsets divisions. The company said its recent acquisition of Symbol Technologies for $4 billion will enable it to serve the networking needs across various verticals, including hospitals, retailers and factories. The networking division is also looking to get a piece of the 4G pie in Europe as big carriers like DT and Vodafone Group begin to allocate capital for those technologies. Perhaps more interestingly, Motorola is also mulling a bid for French handset maker Sagem, which is owned by the Safran Group. Ron Garriques, president of Motorola's mobile devices division, said acquiring the handset maker was "an option" in the consolidating sector.

For more on Motorola's growth opportunities in Europe:
- see this article from RCR News