Motorola to pay $3.9 billion for Symbol Technologies
Motorola has agreed to pay $3.9 billion in cash to acquire Symbol Technologies, the companies announced Tuesday.
Motorola will pay $15 a share for Symbol Technologies, the company best known for bar code scanning systems. The firm also makes handheld computers, wireless networking equipment and radio frequency identification systems.
Motorola is primarily known as a cellular-phone maker, trailing only Nokia Corp. For over 50 years, Motorola has continued to drive the broadband industry forward, working to develop innovative new technologies that support the efficient delivery of emerging services to both residential and enterprise subscribers.
The Voice and Data Solutions Group provides the IP subscriber premises and infrastructure solutions that allow cable operators worldwide to leverage standards-based technologies to deliver profitable data, voice, and video services.
Motorola is a world leader in delivering PacketCable VoIP solutions based on embedded Multimedia Terminal Adaptors (eMTAs), carrier-class integrated Cable Modem Termination System (CMTS)/routers, and high-performance transport
Motorola is the global leader in standards-based cable access equipment for subscriber locations and offers the following products to provide broadband operators maximum flexibility for deploying VoIP services to the home.