M&A Deal Summary

Motorola Solutions Acquires Symbol Technologies

On January 4, 2011, Motorola Solutions acquired technology hardware company Symbol Technologies from Motorola

Acquisition Highlights
  • This is Motorola Solutions’ 1st transaction in the Technology Hardware sector.
  • This is Motorola Solutions’ 6th transaction in the United States.
  • This is Motorola Solutions’ 1st transaction in New York.

M&A Deal Summary
Date 2011-01-04
Target Symbol Technologies
Sector Technology Hardware
Buyer(s) Motorola Solutions
Sellers(s) Motorola
Deal Type Divestiture

Target

Symbol Technologies

Holtsville, New York, United States
Symbol Technologies, a leading maker of scanners and other wireless technology used by manufacturers, retailers and wholesalers.

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Buyer(S) 1

Buyer

Motorola Solutions

Chicago, Illinois, United States
Category Company
Founded 1928
Sector Technology Hardware
Employees21,000
Revenue 10.0B USD (2023)
DESCRIPTION
Entrance to Motorola Solutions' corporate campus in Schaumburg, Illinois.
Entrance to Motorola Solutions' corporate campus in Schaumburg, Illinois.

Motorola Solutions designs, manufactures, and sells communications infrastructure, devices, system software and applications, and provides services associated with their use. Motorola Solutions was founded in 1928 and is based in Chicago, Illinois.

DEAL STATS #
Overall 6 of 41
Sector (Technology Hardware) 1 of 8
Type (Divestiture) 1 of 2
State (New York) 1 of 3
Country (United States) 6 of 28
Year (2011) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-05-03 Azingo

Sunnyvale, California, United States

Azingo, Inc. designs, develops, and licenses software solutions for mobile devices.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-07-29 Rhomobile

San Jose, California, United States

Rhomobile, a provider of mobile application development and deployment tools, and the release of RhoElements, a framework for developing web and mobile HTML5 applications.

Buy -

Seller(S) 1

SELLER

Motorola

Schaumburg, Illinois, United States
Category Company
Founded 1928
Sector Technology Hardware
Employees60,000
DESCRIPTION

Motorola is known around the world for innovation and leadership in wireless and broadband communications. Inspired by our vision of Seamless Mobility, the people of Motorola are committed to helping you get and stay connected simply and seamlessly to the people, information, and entertainment that you want and need. We do this by designing and delivering "must have" products, "must do" experiences and powerful networks -- along with a full complement of support services.

DEAL STATS #
Overall 7 of 7
Sector (Technology Hardware) 3 of 3
Type (Divestiture) 4 of 4
State (New York) 1 of 1
Country (United States) 6 of 6
Year (2011) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-04 Motorola Solutions

Chicago, Illinois, United States

Motorola Solutions designs, manufactures, and sells communications infrastructure, devices, system software and applications, and provides services associated with their use. Motorola Solutions was founded in 1928 and is based in Chicago, Illinois.

Sell -
Mergr

Product

Company

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