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September 19, 2006

Motorola to Acquire Symbol Technologies

Posted by John Biggs

Motorola announced today that it would buy Symbol Technologies Inc. for $3.9 billion. The move will position Moto as the world’s largest seller of hand held bar-code scanners.

The companies have had a close relationship for years, so this isn’t too much of a surprise. Nevertheless, the acquisition could beef up Motorola and aid their run at taking cell market dominance from Nokia.

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