M&A Deal Summary

Zebra Acquires proveo Ag

On July 2, 2007, Zebra acquired technology hardware company proveo Ag for 15M USD

Acquisition Highlights
  • This is Zebra’s 6th transaction in the Technology Hardware sector.
  • This is Zebra’s 8th largest (disclosed) transaction.
  • This is Zebra’s 1st transaction in Germany.

M&A Deal Summary

Date 2007-07-02
Target proveo Ag
Sector Technology Hardware
Buyer(s) Zebra
Deal Type Add-on Acquisition
Deal Value 15M USD

Target

proveo Ag

Crailsheim, Germany
proveo provides a complete hardware and software system addressing the real-time requirements of ground handlers within the airport. Currently deployed on airport ground support equipment (GSE), proveo solutions deliver cost savings by getting vehicles where they’re needed, when they’re needed, for more efficient asset management, increased safety and security, quality enhancement and reduction of environmental impact.

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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 6 of 23
Sector: Technology Hardware M&A 6 of 10
Type: Add-on Acquisition M&A Deals 5 of 20
Country: Germany M&A 1 of 1
Year: 2007 M&A 2 of 3
Size (of disclosed) 8 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-01-11 WhereNet

Santa Clara, California, United States

WhereNet Corp. is a provider of active radio frequency identification (RFID) based wireless solutions to track and manage enterprise assets.

Buy $126M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-15 Navis

Oakland, California, United States

Navis provides enterprise software solutions for the maritime transportation and logistics industry. Navis is a provider of operational technologies and services that unlock greater performance and efficiency for the world’s leading organizations across the cargo supply chain. Navis combines industry best practices with innovative technology and world-class services, to enable our customers, regardless of cargo type, to maximize performance and reduce risk. Navis was founded in 1988 and is based in Oakland, California.

Buy $145M