FEATURED VIDEO

Sponsored By:


SLIDE SHOWS
Check out these hot products that keep workers connected, wherever they are.
Solution providers and vendors met up at this year's XChange Government Integrator '08 conference in Washington, D.C. this year to honor the companies that prove that they understand the IT requirements of the public sector.
ChannelWeb picked 15 common beliefs about Microsoft and gave channel partners the opportunity to explain why they're more fiction than fact.
INSIDE CHANNELWEB
techcareers logo Search Jobs:


  

Post Resume|Employers

Recent Post:


Sr Staff Test Engineer
Broadcom seeking Sr Staff Test Engineer in Santa Clara, CA
spacer

Motorola Completes Symbol Acquisition


CRN logo By Edward F. Moltzen, ChannelWeb
4:32 PM EST Tue. Jan. 09, 2007
Motorola said Tuesday it officially closed its acquisition of enterprise mobility company Symbol Technologies.

The Schaumburg, Ill.-based communications technology giant said the $3.9 billion deal was formally completed after Tuesday's approval of the deal by Symbol shareholders. They will get $15 per share in the deal.

Motorola and Symbol announced the acquisition on Sept. 19 last year, after Symbol fielded offers from several companies and involved itself in on-again, off-again negotiations with Motorola for more than a year.

Symbol, which has been based in Holtsville, N.Y., will now become part of Motorola Networks & Enterprise group. Motorola has said its Holtsville property will remain open as a center of excellence for enterprise mobility, as well as the hub of those operations. The Networks & Enterprise group will be a $13 billion entity, Motorola said.

Sal Iannuzzi, who had been CEO of Symbol, will become president of Motorola's enterprise mobility operations, the company said.


RATE THIS ARTICLE Worse 1 2 3 4 5 Better
CHANNELWEB MARKETSPACE >> (Sponsored Links)
RELATED BLOG >>
Photo
Miercom has launched a new 'Green Certified' program to recognize networking products for energy efficiency. First into the green room is the Cisco Catalyst switch.
ADVERTISEMENT




CHANNEL SERVICES >>