Oh, I hadn't realized it also got sold off.
Let's see, what all was sold off:
computer division, analog ICs (Onsemi), digitial ICs (Freescale, NXP), base stations (as mentioned), mobile phones (Motorola Mobility, Google, Lenovo). What did I miss?
It is funny that the Motorola as we knew it is gone, but many of the pieces remain. And others were able to make money using those pieces.
To this day I still fail to understand the corporate strategy behind all that.