May 8 2007
9:30AM
EDT
Zander 1, Icahn 0, Ball Still in Play
Maybe the best result happened yesterday for Motorola. Carl Icahn failed to get on the board or have any hand in managing the company. His involvement would probably be disastrous, considering he'd force moves aimed solely at driving up the stock price. Yet Icahn's moves probably added an extra jolt of urgency to Motorola's strategy and execution, which might prove helpful to CEO Ed Zander.
Meanwhile, maybe Zander needs to take a new look at his company's venture capital arm, Motorola Ventures. At least according to a couple of reviews on a controversial new site called TheFunded, Moto Ventures is slow-moving and narrow-minded. If true, that can't be a good way to build future tech.
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