Greetings my name is Anders Gustafsson, CEO of Zebra Technologies.
I am excited to share with you the news that Zebra has signed an agreement to acquire
Motorola Solutions Enterprise Business.
An industry leader in physical data capture solutions including scanning and mobile computing.
Zebra's acquisition of the enterprise business
of Motorola Solutions with combined the complementary offerings
of two industry leaders in asset tracking solutions
to create a global leader in Enterprise Asset intelligence for the connected age.
Simply stated Zebra and Motorola Solutions enterprise business together means we will better
serve our customers with more complete solutions.
Over the past several years Zebra has been focusing more holistically on helping customers
gain visibility into their operations.
This is achieved by developing technologies
that make assets, people, and transactions
and the data they generate around location and motion more visible.
Drawing on our extensive portfolio of visibility solutions
incorporating barcode, RFID. and location systems
Zebra and our global network of partners
our providing solutions that formed the building blocks
of today's Internet of Things solutions.
For us, the trends and the corresponding opportunities are clear.
Enterprises are becoming smarter
about their own assets, workforces, and workflow
largely fueled by the ubiquity of sensors and cloud-based
mobile workforce applications that are generating invaluable and always on data streams.
When this transaction closes
we believe our company will be uniquely positioned to help businesses
transformed the physical to digital. So business
operations can be more tightly monitored enabling smarter business decisions.
Together we can make the smart enterprise a reality.
We perform annual sales of approximately
three and a half billion dollars the combined businesses
will have scale and global footprint to deploy a portfolio of complementary solutions
for key industries including retail, transportation
logistics, manufacturing, and healthcare.
In fact, the average person will come in contact with Zebra more frequently
scanning groceries in the supermarket, at the health care visit,
signing electronically for a package delivery,
workforce ID verification, or taking in a sporting event.
The bottom line is Zebra will offer tightly integrated
visablity and connectivity solutions that give our customers
real time data collection and tracking enabling faster
and more informed decision-making.
Customers will benefit from the integration of Zebra's leadership in enterprise printing,
barcode and ID printing, and asset tracking solutions
with the enterprise businesses leadership in fiscal data capture
solutions including scanning and mobile computing.
And with a broader range of partners we can create the smarter more connected global business community.
Both organizations have a strong track record of innovation leadership.
Upon closing the deal Zebra will hold the portfolio of more than
four and a half thousand US and international patents issued and pending.
Moving forward Zebra's combined innovation development teams
will focus on building on core technologies
to create next generation of IoT sensing and mobile enterprise cloud computing solutions.
Over the next few months our teams will focus on business as usual.
Our primary objective is to maintain business coninuity
while planning for the integration of Motorola's enterprise business into Zebra.
Customers and partners should expect the same high level of service throughout.
Integration will commence upon closing expected to occur by year end
When I joined Zebra more than six years ago
I was honored to join an organization with a proud heritage of engineering and innovation.
A company comprised of hard-working humble professionals
focused on making the best products in the industry.
We have been executing well against a proven growth strategy
and we believe that the addition of the enterprise units,
highly respected professionals will only make us even more of a valued partner to CIO's.
We want to be their first call for anything related to asset intelligence.
We look forward to welcoming the enterprise employees
into to Zebra family, as we know they share our passion for serving customers.
We are often side by side as we implement solutions.
Together we serve ninety-five percent of the Fortune 500 companies.
I believe this acquisition marks a defining moment in Zebra's company history
and all of us here are excited at the prospect of serving even more of our
customers visibility needs to help them operate more efficiently and effectively
T hank you for your time today.