Motorola Solutions Sells Enterprise Arm To Zebra

Motorola Solutions Inc (NYSE:MSI), a company distinct from Google Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) business Motorola Mobility, is selling its enterprise arm to Zebra. The news was initially reported by Michael Calia over at The Wall Street Journal. According to that source, Zebra Technologies Corp. (NASDAQ:ZBRA) will pay $3.45 billion for the business.

The deal is worth the entirety of the market capitalization of Zebra Technologies Corp. (NASDAQ:ZBRA) as of Monday's close. The barcode printing company will also see its patent portfolio expand considerably as a result of the deal, according to the WSJ. In pre-market trading on Tuesday shares in Zebra were...