Zebra Has A Great Opportunity To Revive Motorola Enterprise And To Create Value
- Zebra, which provides location and tracking solutions, is an attractive play on the RFID and Internet of Things themes.
- The company is in the process of acquiring Motorola Enterprise for $3.45bn, mainly through debt.
- The Motorola unit has been performing poorly, but Zebra has a real opportunity to revive it, helped by the Internet of Things secular trend.
- The value creation potential could be huge in light of Zebra's high financial leverage.