Zebra To Acquire Motorola Solutions' Enterprise Business

I am excited to share with you that Zebra Technologies 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.

- Anders Gustafsson, CEO, Zebra Technologies


“Zebra and the Enterprise business of Motorola Solutions are like-minded organisations, committed to technological innovation that exceeds customers’ business needs. Both companies are at the forefront of emerging technology trends like the Internet of Things (IoT). Zebra will now hold thousands of patents, and we will strengthen our leadership in defining and growing IoT enabled solutions.”

“Together with our partners, we are creating a smarter, more connected global business community through this acquisition by delivering the broadest set of enabling technologies that provide intelligence about customers’ enterprises, essential to helping businesses operate effectively.”

- Anders Gustafsson, Chief Executive Officer



“Both Zebra and Motorola Solutions’ Enterprise business have a strong track record of innovation leadership, with impressive developments in IoT platform development, device management, mobility software and location and motion sensing. We are excited to combine the businesses and offer more value to our customers, partners and shareholders.”

“The combined business creates more scale, diversified offerings, deep expertise and talent and access to resources to support growth initiatives that will deliver more value to all of our stakeholders.”

- Michael C. Smiley, Chief Financial Officer



“Zebra’s acquisition of the Enterprise business will combine two industry icons that will continue to provide the best of what we are known for—innovation and reliability—through the strongest industry partner network in the world.”

“The combination of the two businesses significantly enhances relevance with our combined end customers and our combined business prospects for growth. Together, we have a full portfolio of technologies to give customers intelligence on their physical assets, people and transactions across the enterprise to drive winning business decisions.”

- Michael H. Terzich, Senior Vice President, Global Sales and Marketing


To our Investors

This will be a transformational acquisition for Zebra, creating a leading global provider of comprehensive end-to-end solutions that deliver greater insight into enterprises and their extended value chains. We believe it’s a tremendous way to generate significant value for you, our shareholders, by driving further product innovation, deeper customer and partner engagement, and substantial operational efficiencies.

Investor Relations

To our Customers

The combined Zebra and Motorola Solutions Enterprise business will provide you with a broader set of innovative solutions that help you be more competitive in your industry. As a Zebra customer, you can look forward to being able to apply the most advanced suite of solutions available in the industry.

Contact Us

To our Partners and Suppliers

Together, Zebra and Motorola Solutions’ Enterprise business will create more powerful solutions that are easier for you to integrate and manage.  Over time, we will leverage our combined R&D engine to build on proven offerings to create solutions that enable you to increase your relevance to your customers and become an even more valuable resource for their business.


Media Coverage

Acquisition Press Release

Lincolnshire, IL April 15, 2014

Zebra Technologies Corporation (NASDAQ: ZBRA) and Motorola Solutions, Inc. (NYSE: MSI) today announced that they have entered into a definitive agreement in which Zebra will acquire Motorola’s Enterprise business for $3.5 billion in an all-cash transaction... Read full press release

More Financial News

The Wall Street Journal- Technology - Motorola Solutions Unearths a Stealthy Buyer

Most people have never heard of the company that agreed to pay $3.5 billion for Motorola Solutions Inc.'s scanner business. But behind the scenes, Zebra Technologies Corp., named for the black and white stripes of...Read More

Gigaom- Zebra to Buy Motorola Enterprise Unit in 3.5B In Hot Pursuit of IOT market

Zebra Technologies, an inventory tracking specialist that helps Amazon and other customers keep track of products, is buying Motorola Solutions enterprise business unit for a whopping $3.45 billion in cash and debt, the companies said Tuesday.

There seems to be a lot of, um, synergy here: Zebra makes bar-code and RFID printers and other gear used to track and account for inventory, while Motorola’s technology collects and aggregates that data. “This creates the industry leader in identification and tracking assets. The two companies’ solutions have led in this space for years and people have long asked us why we didn’t merge. Now we have,” said Philip Gerskovich, Zebra’s SVP of New Growth Platforms told me this morning. Read More

ZDNet- Zebra Technologies buys Motorola enterprise unit for $3.5bn

Zebra Technologies will take on Motorola Solutions' enterprise unit, a maker of mobile devices for businesses.

The  Financial Times , citing sources close to the matter, reports that the deal was agreed to in the past few days and could be officially announced as early as Tuesday.  The all-cash deal is expected to go ahead for $3.5 billion.

Zebra specializes in barcode, receipt, kiosk, and RFID printers and supplies for businesses. The Lincolnshire, Illinois-based firm provides tracking technology to companies worldwide, from helping Amazon track inventory to building human-tracking gadgets, which help athletes assess their performance. Read More

ZDNet - Zebra's $3.45 billion enterprise Internet of things play: Cloud software will be the glue

Zebra Technologies' $3.45 billion purchase of Motorola Solutions' enterprise business is really a bit play for the "enterprise Internet of things" where asset tracking as well as the data thrown off from it lead to business advantage. Read More

Forbes - How This Zebra Changed Its Stripes - Boldly Acquiring Motorola's Business

Zebra Technologies is a company most people don't recognize.  Yet, I bet every product you buy has the product on which they specialize. Read More

Wall Street Journal - Zebra to Buy Motorola Solutions' Enterprise Business; Barcode-Printing and Asset-Tracking Company to Pay $3.45 Billion in Cash

Zebra Technologies Corp. on Tuesday said it has agreed to buy Motorola Solutions Inc.'s enterprise business for $3.45 billion in cash.

The deal represents a large expansion for Zebra as the barcode-printing and asset-tracking company looks to strengthen its presence in retail, logistics, transportation and manufacturing, while broadening its geographic reach. Read More

CRN - New Internet Of Things Giant: Zebra To Buy Motorola's Enterprise Unit

Zebra Technologies' proposed $3.45 billion all-cash acquisition of Motorola Solutions' enterprise business opens the door to a channel battle royale in the emerging Internet of Things market, according to solution providers. Read More

Chicago Daily Herald - Motorola Solutions shrinks, while Zebra grows

Schaumburg-based Motorola Solutions Inc. continues to chip away at its legendary status by selling its Enterprise unit to Lincolnshire's Zebra Technologies for about $3.45 billion. While Zebra continues to pick up steam, building its radio-frequency identification and specialty Internet-related products, Motorola shrinks both in workforce and focus. Read More

Crain's Chicago Business - What happened to Moto's mojo?

Motorola Solutions Inc.'s decision to unload its enterprise business symbolizes deeper change at a company once known for bringing breakthrough technologies to market. Read More

Business Insider - How A $1 Billion Company You've Never Heard Of Bought A Big Chunk Of Motorola For $3.45 Billion

It's been a good news/bad news kind of day for the investors and employees of Motorola Solutions but a downright jubilant day for its smaller competitor Zebra Technologies. Read More

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Media Contact

Kerry F. Kelly
FTI Consulting
Phone: 646-541-9933