Elo Touch Solutions
2025
Why
Add touchscreen, kiosk, and point-of-sale devices.
Impact
Contributed to reported Q2 2026 sales growth of 20.4% versus 9.2% organic growth.
Outcome
Integration under way.
Zebra Technologies Corporation
Enterprise AutomationFounded 1969- HQ today: Lincolnshire, Illinois, United States
Reviewed by Swet Parvadiya
Company data updated: October 2026
Acquisitions
Zebra Technologies Acquisitions
3
Major Deals Covered
$4.3B
Disclosed Deal Value
What are Zebra Technologies's biggest acquisitions?
Zebra Technologies's largest disclosed acquisition here is Motorola Solutions' Enterprise Business for $3.5B in 2014. This page covers 3 major deals from 2014 to 2025, each with its price where disclosed and the reason behind it.
- Major deals covered
- 3
- Largest deal
- Motorola Solutions' Enterprise Business ($3.5B)
- First deal
- 2014
- Most recent
- 2025
| Company | Year | Price | Purpose |
|---|---|---|---|
| Motorola Solutions' Enterprise Business | 2014 | $3.5B | Add mobile computers, scanners, and wireless products. |
| Matrox Imaging | 2022 | $875.0M | Add machine vision software and hardware. |
| Elo Touch Solutions | 2025 | Undisclosed | Add touchscreen, kiosk, and point-of-sale devices. |
- What companies has Zebra Technologies bought?
- Major acquisitions by Zebra Technologies documented here include Motorola Solutions' Enterprise Business (2014), Matrox Imaging (2022) and Elo Touch Solutions (2025).
- What is Zebra Technologies's most recent acquisition?
- The most recent Zebra Technologies acquisition documented here is Elo Touch Solutions, in 2025.
Matrox Imaging
2022
$875M
Why
Add machine vision software and hardware.
Impact
Expanded Zebra's industrial machine vision offering.
Outcome
Part of Zebra's machine vision portfolio.
Motorola Solutions' Enterprise Business
2014
$3.5B
Why
Add mobile computers, scanners, and wireless products.
Impact
Made Zebra a much larger company with a broad mobile computing line.
Outcome
Symbol-branded mobile computers and scanners became a core part of Zebra's portfolio.
Zebra Technologies Corporation's Growth & Acquisition Strategy
Zebra is widening its portfolio beyond scanners and printers. Recent deals include Matrox Imaging (2022) for machine vision, Photoneo (2025) for 3D vision, and Elo Touch Solutions (2025) for touchscreens and point-of-sale devices.
How Zebra Technologies Corporation Makes Money
Zebra sells hardware such as mobile computers, scanners, printers, and RFID readers, mostly through channel partners and resellers, and adds recurring revenue from printing supplies, service contracts, and software. Results follow enterprise device refresh cycles and spending on warehouse, retail, and healthcare projects.
Zebra Technologies Acquisitions FAQ
What was Zebra's transformational acquisition of Motorola Solutions' Enterprise business?
In October 2014, Zebra acquired Motorola Solutions' Enterprise business for $3.45 billion in cash, instantly gaining the global market-leading Symbol barcode scanning and mobile computer business.
Why did Zebra acquire Fetch Robotics in 2021?
In July 2021, Zebra acquired Fetch Robotics for $290 million to enter warehouse robotics, deploying autonomous mobile robots (AMRs) that work safely alongside human warehouse order pickers.
What was the strategic rationale behind acquiring Reflexis Systems in 2020?
Zebra acquired Reflexis Systems for $575 million to provide retail store managers with AI cloud software that optimizes employee task execution, store auditing, and workforce scheduling.
How did the acquisition of Matrox Imaging expand Zebra's portfolio?
In June 2022, Zebra acquired Matrox Imaging for $195 million to add high-performance machine vision components, software smart cameras, and industrial frame grabbers for factory automation.
Why did Zebra acquire Xplore Technologies in 2018?
Zebra acquired Xplore Technologies for $73 million to broaden its rugged hardware portfolio into ultra-rugged Windows and Android tablets used in field services, utilities, and public safety.
What was the acquisition of temptime Corporation in 2019?
Zebra acquired Temptime Corporation to gain specialized temperature-monitoring indicators and sensor technology used to verify cold-chain compliance for vaccines and biologic medicines.
How did Zebra integrate the Motorola enterprise business successfully?
Zebra paid down debt aggressively, combined global supply chains, retained key engineering leadership, and unified branding under the Zebra name, generating massive operational synergies.
What is Zebra Technologies' M&A strategy today?
Zebra focuses on targeted bolt-on acquisitions in cloud software, artificial intelligence, machine vision, and robotic warehouse automation that enhance its core hardware fleet.
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