How Motorola's enterprise biz acquisition will help Zebra?

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

How Motorola's enterprise biz acquisition will help Zebra? 
According to the latest report, Barcode printer maker Zebra Technologiesis all set to acquire Motorola Solutions' enterprise business. Going by the reports, the latest deal will close for $3.45 billion in cash.

The deal will help Zebra to tap the opportunity presented by the profusion of devices, ranging from cars to smoke alarms, connected to the Internet. After the acquisition, about 4,500 Motorola Solutions' employees will join Zebra.

According to the official statement by Anders Gustafsson, CEO, Zebra Technologies, the company has entered into an agreement to acquire the Enterprise business of Motorola Solutions. Zebra’s acquisition of the Enterprise business will combine the complementary offerings of two industry leaders in asset tracking solutions to create a market leader in enterprise asset intelligence for the Connected Age. Motorola Solutions’ mobile platform captures real-time data about physical assets, people, and transactions across the enterprise.

Zebra's enabling technologies provide visibility into business operations for deeper insights and smarter decision-making. The companies’ shared commitment to innovation will help customers harness powerful technology trends like the Internet of Things (IoT), location and motion sensing and mobile enterprise cloud computing. We look forward to the months ahead as we integrate the businesses and continue to serve you with the highest quality.

Market experts believe that the combined business will create more scale, diversified offerings and access to resources to support growth initiatives all more value.....See More

Comments

Popular posts from this blog

N Chandrasekaran appointed chairman of Tata Sons

DoT Secretary hints at making Draft NTP 2018 available in public domain soon

Visa buys NFT based CryptoPunk and paid $150,000 in Etherium