Zebra technology had given its consent to acquire the mobile phone invader, Motorola Solutions, for some business justifications. According to Financial Times reports, this settlement is anticipated to fall beyond $3.5 billion. The accession was agreed in bygone days and would be proclaimed officially as early as Tuesday.
To our knowledge, Zebra technology is a well known Lincolnshire, Illinois-based bureau who supplies barcode printer designs and inventory managements for companies, especially Amazon. Besides, the company also accomplished in receipt, kiosk and RFID printer ventures. Zebra Technology also follows and determine the technology used by sports teams to ascertain the athletes performance. The company states that it is a provider of technologies which "allow customers to take smarter actions," and "provide greater visibility into mission-critical information".
Zebra's agreement to buy Motorola Solution may be linked with the inaugurate of Zebra's Zatar unit in 2013, whose cornerstone is to construct and design browser-based cloud technology which will aid ventures and entreprises to utilize Internet of Things (IoT) to upgrade their business.
To a great degree, this acquisition would definitely produce a firm that could provoke annual sales of about $3.5 billion.