Zebra Technologies to buy Motorola's enterprise biz for $3.45 Bn

BANGALORE, INDIA: Barcode printer marker Zebra Technologies has entered into a definitive agreement to acquire Motorola Solutions' enterprise business for $3.45 billion in an all-cash transaction.

Zebra is financing the deal with $200 million of cash and $3.25 billion in debt and the deal is expected to be completed by end of 2014.

The debt is almost as much as Zebra itself is worth, as indicated by The Independent. The company had a market cap of $3.43 million at market close day before and had a market cap of $3.22 billion at market close yesterday.