Google: Motorola Home Had $820 Million in Q4 Sales

Internet giant reports Motorola home as 'discontinued operation' with pending Arris deal

Motorola Mobility's Home division, which is in the midst of being acquired by Arris Group, generated about $820 million in sales for the fourth quarter of 2012, according to Google's earnings announcement Tuesday.

Arris last month announced plans to acquire Motorola Home from Google for $2.35 billion, a deal that would more than triple Arris's size. The deal, which encompasses Motorola's set-top, broadband and video infrastructure businesses, is expected to close by the second quarter of 2013, pending regulatory approvals.

In the fourth quarter of 2012, Motorola Home generated $35 million in operating profit, excluding stock-based compensation expense and restructuring and related charges, according to Google. Net loss from Motorola Home, which Google now accounts for as discontinued operations, was $21 million in the fourth quarter of 2012.

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