Motorola Solutions Goes Ahead With Psion Acquisition
Motorola Solutions on Friday acquired mobile computer maker Psion for US$200 million, as the company moves ahead to distinguish itself following the Motorola split last year.
Motorola Solutions offers rugged products including smartphones, tablets, while Psion sells enterprise mobility products such as organizers used in mostly in enterprises and vertical sectors. In early 2011 Motorola completed a split into Motorola Solutions and Motorola Mobility, which was acquired by Google for $12.5 billion in a deal that closed last month.
Psion is the second, and biggest, Motorola Solutions acquisition to date since the split and it will make the company stronger, said Gene Delaney, executive vice president of product and business operations at Motorola Solutions. Motorola Solutions acquired startup Rhomobile in October last year to boost its software portfolio.
"We see an opportunity to take the combined customer set," which should Motorola reach more vertical markets worldwide with a wider range of products, Delaney said.