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Strategies & Market Trends : Speculating in Takeover Targets -- Ignore unavailable to you. Want to Upgrade?


To: richardred who wrote (1254)11/10/2006 9:50:48 PM
From: richardred  Read Replies (1) | Respond to of 7256
 
Motorola Buys Mobile Software Maker
Friday November 10, 9:14 pm ET
By Dave Carpenter, AP Business Writer
Motorola Buys Blackberry Rival Good Technology to Strengthen Its Q Smartphone

CHICAGO (AP) -- Cell phone maker Motorola Inc. said Friday it is buying Blackberry rival Good Technology Inc., a deal that should boost the prospects for its new Q device as consumer demand for e-mail phones explodes.

Financial terms were not disclosed.

The deal underscores efforts by the world's second-largest handset manufacturer to sell more business-oriented mobile devices. In September, the Schaumburg, Ill., company agreed to the $3.9 billion purchase of Symbol Technologies Inc., a maker of portable bar code scanners and customized handheld computers.

Motorola said Santa Clara, Calif.-based Good Technology, a privately held firm which provides computing software and services for the Treo and other smartphones, will join its mobile devices unit, which has flourished in the past couple of years thanks to the runaway success of Razr phones.

Ron Garriques, president of the mobile devices division, said Good Technology's services, products and customers all complement its business.

"This acquisition will continue to strengthen Motorola as a leading provider of mobility devices and solutions both for enterprise customers and consumers," he said.

Hoping to come up with another Razr-like blockbuster in the fast-growing smartphone category, Motorola introduced a QWERTY handheld device, called the Q, earlier this year to vie with the BlackBerry and the Treo, which also runs on Good Technology software.

Albert Lin, an analyst for American Technology Research, said Good Technology was probably the best available acquisition for Motorola in the category short of buying Research In Motion Ltd., the Canadian maker of the Blackberry.

"The Q has been somewhat disappointing and they're looking for ways to reinvigorate that product line," he said. "The next versions will be much more feature-rich."

The deal is likely bad news for Treo maker Palm Inc., Lin added. "The last thing they need is another challenger that is re-energized or has a better balance sheet behind it," the analyst said.

Good Technology, founded in 2000, originally offered its own handheld device but now focuses on software and services. Its GoodLink software provides handheld devices with wireless access to Microsoft's Outlook application.

The two companies have an existing business relationship, with Good Technology using Good Mobile Messaging on the Q.

Danny Shader, chief executive and president of Good Technology, called Motorola an ideal partner for his company because of its global reach, scale, brand name and worldwide network.

Good will continue to support non-Motorola equipment, according to Motorola spokeswoman Juli Burda.

"Motorola will build upon Good Technology's customer and carrier relationships by maintaining its multi-device strategy," she said.

The acquisition, subject to regulatory approval, is expected to close in early 2007.

Shares in Motorola rose 17 cents to $21.37 in late trading on the New York Stock Exchange. They remained down 6 percent this year.

httphttp://biz.yahoo.com/ap/061110/motorola_good_technology.html?.v=9://www.motorola.com



To: richardred who wrote (1254)4/16/2008 9:06:21 AM
From: richardred  Respond to of 7256
 
Zebra Technologies Acquires Multispectral Solutions, Inc.
Wednesday April 16, 8:39 am ET
Leader in Ultra Wideband technology adds to Zebra's portfolio of identification and tracking solutions

VERNON HILLS, Ill., April 16 /PRNewswire-FirstCall/ -- Zebra Technologies Corporation (Nasdaq: ZBRA - News) today announced the acquisition of Multispectral Solutions, Inc. (MSSI). Based in Germantown, MD, MSSI is a global provider of ultra wideband (UWB) real-time locating systems and other UWB-based wireless technology. Terms of the all-cash transaction were not disclosed. MSSI will become part of the Zebra Enterprise Solutions Group business unit.

"MSSI's products and technology are an excellent complement to Zebra's Gen 2 passive RFID and other active RFID products," said John Dillon, senior vice president of Zebra Technologies and general manager of Zebra Enterprise Solutions Group. "With a strong reputation for quality and innovation, UWB technology from MSSI is particularly attractive for its locating precision and cost advantages in challenging industrial environments. It will enable us to provide more solutions for our customers to identify, track and manage assets, people and transactions."

MSSI products, including its Sapphire DART real-time locating system, are currently used in manufacturing, distribution, retail and government in a broad range of asset and personnel tracking applications. MSSI systems are deployed to locate personnel in high-risk environments, such as refineries, for greater industrial safety. Other important MSSI applications include the location and tracking of high-value corporate IT assets in large-scale data centers and the tracking of inventories, material handling equipment and parts in complex manufacturing environments.

Founded in 1988 by Dr. Robert J. Fontana, a Fellow of the IEEE, award-winning MSSI is a pioneer in the development and commercialization of UWB, a radio technology. Using very low energy for short-range, high-bandwidth communications, UWB can be used to locate items with accuracy from one foot to within inches. It is ideally suited for use in electronically "noisy" environments such as factories, warehouses and computer room installations because of UWB's ability to withstand interference caused by radio signal reflection off metal and other surfaces. The small size, low cost and long battery life of UWB transmitters make solutions incorporating UWB technology an excellent choice for real-time location of multiple assets or people for safety and security purposes.

"As part of Zebra Technologies, we will be able to accelerate the development and deployment of our UWB-based solutions," stated Dr. Fontana. "Zebra's financial strength, global reach and deep domain expertise in several industries make it the ideal organization with which to move forward."

Zebra Enterprise Solutions Group was formed from the acquisitions of Navis, proveo and WhereNet in 2007. This business unit of Zebra Technologies demonstrates Zebra's leadership in providing complete solutions for asset tracking, location, and optimization needs in the global supply chain.

Zebra Technologies Corporation helps companies identify, track and manage assets, transactions and people with on-demand specialty digital printing and automatic identification solutions. In more than 100 countries around the world, more than 90 percent of Fortune 500 companies use innovative and reliable Zebra printers, supplies, RFID products and software to increase productivity, improve quality, lower costs, and deliver better customer service. Information about Zebra and Zebra-brand products can be found at zebra.com.

CONTACT:
Investors: Trade Media: Financial Media:
Douglas A. Fox, CFA Orlando DeBruce Tim Dreyer
VP, Investor Relations Zebra Enterprise Zebra Technologies
+1 847 793 6735 Solutions Group +1 847 793 5677
dfox@zebra.com +1 510 267 5052 tdreyer@zebra.com
odebruce@navis.com

Source: Zebra Technologies Corporation
biz.yahoo.com