Monday, June 25, 2012

Motorola Solutions offers Psion

If Motorola Mobility has just seen its redemption validated on all sides, and will join later this year the lap of Google, the U.S. firm continues its expansion strategy since another of its branches. Motorola's Solutions division, focused on mobile professionals, has announced the takeover of Psion.
For a total of $ 200 million, a gain of $ 1.36 per share, Motorola announced late last week the purchase of the company Psion, to whom we owe the invention of the PDA 1980 (with the Organizer) and even claiming authorship of netbooks, with palmtops, predecessors of the Eee PC by Asus. Now Psion is specialized in the design of terminal solid. Currently employer of 830 persons, firm, London-based products are sold in fifty countries and generated revenues of $ 273 million in 2011.
Motorola Solutions offers Psion
Why buy this? Motorola is primarily the acquisition of expertise in the field of mobile Psion solid, but also embedded devices in vehicles "to further [his] presence on the world market", commented as CEO of Motorola Solutions, Greg Brown. The validation of the transaction between Motorola and Psion Solutions is expected during the last quarter of 2012.