Zebra completes acquisition of Motorola’s enterprise unit
28 October 2014 |
Zebra Technologies has completed its acquisition of Motorola Solutions' Enterprise Business for $3.45 billion.
The move, which was announced in April, is said to strengthen Zebra's position in the M2M space, bringing together its technology offerings and asset tracking solutions with Motorola's enterprise business's product, technology and IP portfolio.
The transaction was funded with $200 million of cash and $3.25 billion in new debt.