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Zebra Tech to buy Motorola Solutions' unit for $3.5 bn: Report

Zebra Tech to buy Motorola Solutions' unit for $3.5 bn: Report

Motorola Solutions' enterprise business, which makes rugged mobile computers and tablets for businesses, has struggled as companies delay orders and cut down on spending.

Supriya Kurane
  • Bangalore,
  • Updated Apr 15, 2014 3:13 PM IST
Zebra Tech to buy Motorola Solutions' unit for $3.5 bn: Report

Barcode printer maker Zebra Technologies has agreed to buy Motorola Solutions Inc's enterprise business for $3.5 billion in cash, a media report has said, citing people familiar with the discussions.

According to a Financial Times report, the deal was agreed in the past few days and could be announced on Tuesday.

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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.

(Reuters)

Published on: Apr 15, 2014 3:13 PM IST
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