Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Zebra Technologies Announces Expiration of U.S. Hart-Scott-Rodino Waiting Period for Acquisition of Enterprise Business of Motorola Solutions

MSI, ZBRA

Transaction on track to close by the end of 2014

LINCOLNSHIRE, Ill., July 8, 2014 /PRNewswire/ -- Zebra Technologies Corporation (NASDAQ: ZBRA), a global leader in products and services that provide real-time visibility into organizations' assets, people and transactions, today announced that the required waiting period under the U.S. Hart-Scott-Rodino Antitrust Improvements Act of 1976 has expired, with respect to Zebra's definitive agreement to acquire the Enterprise business (excluding iDEN) of Motorola Solutions, Inc. (NYSE: MSI). The acquisition is expected to close by the end of 2014, subject to customary closing conditions, including remaining regulatory approvals. In the meantime the companies are focused on completion of operational planning and activities to help ensure a successful transfer of the business in this carve-out transaction. 

"This milestone is a meaningful step toward completing the acquisition," said Anders Gustafsson, Chief Executive Officer of Zebra Technologies. "As we continue to make progress on our integration activities, we are moving closer to creating a global leader in Enterprise Asset Intelligence."

For more information about Zebra, please visit: http://investors.zebra.com/.

About Zebra Technologies
A global leader respected for innovation and reliability, Zebra Technologies Corporation (NASDAQ: ZBRA) offers technologies that give a virtual voice to an organization's assets, people and transactions, enabling organizations to unlock greater business value. The company's extensive portfolio of marking and printing technologies, including RFID and real-time location solutions, illuminates mission-critical information to help customers take smarter business actions. For more information about Zebra's solutions, visit www.zebra.com.

Contact:


Investors:

Media:

Douglas A. Fox, CFA

Robb Kristopher

Vice President, Investor Relations and Treasurer

Director, Corporate Communications and Public Relations

+ 1 847 793 6735

+ 1 847 793 5514

dfox@zebra.com

rkristopher@zebra.com

SOURCE Zebra Technologies Corporation



Get the latest news and updates from Stockhouse on social media

Follow STOCKHOUSE Today