Zebra Technology is one of the worlds leading barcode printer manufacturers and Motorola Solutions is one of the top barcode scanner manufacturers in the world. This announcement will bring together two of the giants in our industry.
(Reuters) – Barcode printer maker Zebra Technologies has agreed to buy Motorola Solutions Inc’s enterprise business for $3.5 billion in cash, the Financial Times reported, citing people familiar with the discussions.
The deal was agreed in the past few days and could be announced as early as Tuesday, the newspaper said. (r.reuters.com/cap77v)
Motorola Solutions’ enterprise business, which makes rugged mobile computers and tablets for businesses, has struggled as companies delay orders and cut down on spending.
Sales in Motorola’s enterprise business rose to $736 million from $733 million, for the fourth-quarter ended December 31.
(Reporting by Supriya Kurane in Bangalore; Editing by Sunil Nair)
With this announcement, we look for some exciting changes in both the marketing, and development of scanning technologies. Stay tuned for more on this acquisition.