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Thursday, April 17, 2014

Zebra Technologies to get the business to Motorola for $ 45bn.

Zebra Technologies has announced that it will acquire Motorola's Solutions ' business expansion for $ 3.45bn.

Manufacturer of bar code, RFID printing and delivery of software and hardware bought the company expand its product innovation.

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Zebra said that moves more into mobility, data analysis and cloud computing space and aims to become a leader in the Internet of things and messages for the "connected age."

The acquisition will enable Zebra to expand geographically. The combined organization will have about 20,000 channel partners in more than 100 countries around the world.

Motorola today intends to concentrate all its efforts to stimulate their commercial communications for Government and public safety customers.

Greg Brown, Motorola Solutions Chairman and CEO, said: "last year, we have a thorough review of our strategy and concluded that the synergies between our Government and the Organization of the company were not as large as the value, we could create a singularly focused on the core of the Government and public safety business.

"In the future we will have the absolute purity of purpose and mission as we serve customers globally with our set of important communication solutions. This store is actually pronounced in his leadership of the industry, a strong pipeline, the long-term record of consistent profitability and cash flow, and a variety of opportunities for growth. "

It is expected that the transaction is completed by the end of 2014.


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