Motorola, Inc. (pron.: /mo?tro?l?/) was an American multinational[5] telecommunications company based in Schaumburg, Illinois. After having lost $4.3 billion from 2007 to 2009, the company was divided into two independent public companies, Motorola Mobility and Motorola Solutions on January 4, 2011.[6] Motorola Solutions is generally considered to be the direct successor to Motorola, Inc., as the reorganization was structured with Motorola Mobility being spun off.[7] Motorola designed and sold wireless network infrastructure equipment such as cellular transmission base stations and signal amplifiers. Motorola's home and broadcast network products included set-top boxes, digital video recorders, and network equipment used to enable video broadcasting, computer telephony, and high-definition television. Its business and government customers consisted mainly of wireless voice and broadband systems (used to build private networks), and, public safety communications systems like Astro and Dimetra. These businesses (except for set-top boxes and cable modems) are now part of Motorola Solutions. Motorola's wireless telephone handset division was a pioneer in cellular telephones. Known as the Personal Communication Sector (PCS) prior to 2004, it pioneered the "flip phone" with the MicroTAC and, the "clam phone" with the StarTAC in the mid-1990s. It had staged an enormously successful resurgence by the mid-2000s with the RAZR; but, lost significant market share in the second half of that decade. Lately, it has focused on smartphones using Google's open-source Android mobile operating system. The first phone t use the newest version of Google's open source OS, Android 2.0, was released on November 2, 2009 as the Motorola Droid (the GSM version launched a month later, in Europe, as the Motorola Milestone). The handset division, (along with cable set-top boxes and cable modems) has since then been spun off into the independent Motorola Mobility. On May 22, 2012, Google CEO Larry Page announced that Google closed on its deal to acquire Motorola Mobility. Motorola started in Chicago, Illinois as Galvin Manufacturing Corporation (at 847 West Harrison Street)[9] in 1928, with its first product being a battery eliminator. At that time the radio had not yet been developed for use in automobiles, but Bill Lear and Howard Gates of Zenith made a pair; Lear designed the circuit and layout, Gates did the metal work and Lear assembled them. Bill Lear presented Paul Galvin with the prototype, and he first dismissed it. Later the idea was taken up by Galvin and a 200 unit production run was made. In 1930 Galvin Manufacturing Corporation introduced the Motorola radio, one of the first commercially successful car radios. Company's founder Paul V. Galvin and investor Bill Lear created the brand name Motorola. Galvin and Lear mulled over names for the product on a cross-country trip and came up with "Motorola" which was a blend of "motor" and the then popular suffix -ola used with audio equipment of the time (for example "Victrola"). The product was such a success that Galvin changed the name of the company to Motorola.[10][11] The name "Motorola" was adopted in 1930, and the word has been used as a trademark since the 1930s.[12]