Zebra Technologies Corp says to buy Motorola Solutions' enterprise business for $3.45 billion

Apr 15 2014, 17:36 IST
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The transaction is expected to be completed by the end of 2014 The transaction is expected to be completed by the end of 2014
SummaryZebra Technologies and Motorola Solutions transaction will be all in cash.

design, integrate and deliver industry leading voice and data communication solutions for government and public safety customers worldwide. Motorola Solutions sells these secure, mission-critical and innovative products, services and solutions with unique software designs that are the cutting edge in public safety technology. It also holds a unique portfolio of intellectual property.

Strategic Fit for Zebra

The transaction will significantly expand Zebras geographic reach; the combined company will have about 20,000 channel partners in more than 100 countries, and will hold a robust portfolio of intellectual property, with approximately 4,500 U.S. and international patents issued and pending.

Key benefits to Zebra and its shareholders include stronger combined platform with multiple growth opportunities, new and comprehensive product, technology and IP portfolio, leading end-to-end solutions across key industries with global reach, highly diversified business mix, creating synergies by maximizing efficiencies and scale and attractive growth and free cash flow profile.

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