M&A Deal Summary

Zebra Acquires Photoneo

On December 30, 2024, Zebra acquired technology hardware company Photoneo

Acquisition Highlights
  • This is Zebra’s 9th transaction in the Technology Hardware sector.
  • This is Zebra’s 1st transaction in Slovakia.

M&A Deal Summary

Date 2024-12-30
Target Photoneo
Sector Technology Hardware
Buyer(s) Zebra
Deal Type Add-on Acquisition
Advisor(s) Evercore Group (Financial)
Dentons (Legal)

Target

Photoneo

Bratislava, Slovakia
Photoneo is a developer and manufacturer of 3D machine vision solutions to companies mainly in the automotive, logistics, e-commerce, food, and medical industries to improve the performance and efficiency of their manufacturing, fulfillment, and assembly processes. Photoneo is based in Bratislava, Slovakia.

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Buyer(S) 1

Buyer

Zebra

Lincolnshire, Illinois, United States

Category Company
Founded 1969
Sector Technology Hardware
Employees9,900
Revenue 5.0B USD (2024)
DESCRIPTION
Entrance to Zebra's corporate headquarters in Lincolnshire, Illinois.
Entrance to Zebra's corporate headquarters in Lincolnshire, Illinois.

Zebra is a manufacturer of thermal barcode label and receipt printers, RFID smart label printer/encoders, card and kiosk printers. Zebra was founded in 1969 and is based in Lincolnshire, Illinois.


DEAL STATS #
Overall 21 of 23
Sector: Technology Hardware M&A 9 of 10
Type: Add-on Acquisition M&A Deals 19 of 20
Country: Slovakia M&A 1 of 1
Year: 2024 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-15 Matrox Imaging

Dorval, Quebec, Canada

Matrox Imaging offers platform-independent software, software development kits (SDKs), smart cameras, 3D sensors, vision controllers, input/output (I/O) cards, and frame grabbers which are used to capture, inspect, assess, and record data from industrial vision systems in factory automation, electronics and pharmaceutical packaging, semiconductor inspection, and more. Matrox Imaging is based in Dorval, Quebec.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2025-07-24 Xemelgo

Bellevue, Washington, United States

Xemelgo provides real-time visibility solutions that simplify operations and deliver actionable insights with the power of IoT, cloud, and RFID technology. Xemelgo is based in Bellevue, Washington.

Buy -