Motorola Solutions (MSI +1.3%) is acquiring British industrial handheld computer maker Psion for...


Motorola Solutions (MSI +1.3%) is acquiring British industrial handheld computer maker Psion for £0.88/share ($1.36), or $200M, in cash. The price represents a 45% premium to Psion's Thursday close on the London exchange. Psion, which posted 2011 revenue of $273M, will bolster Motorola's existing handheld offerings for enterprise and government customers. Its age-old EPOC mobile OS helped give birth to Symbian.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs