Motorola to Buy Symbol Technologies for $3.9 Billion
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Aiming to expand its position outside the cellphone market, Motorola is acquiring a leading maker of scanners and other wireless technology.
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TOKYO: Motorola and NTT DoCoMo, Japan&#39;s top mobile phone operator, said yesterday they would jointly develop third-generation (3G) handsets, giving Motorola a way into a market largely out of reach for foreign manufacturers.
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Motorola Inc. has been selected to provide a &#36;344 million expansion to a wireless network run by China United Telecommunications Corp., or China Unicom, one of the largest network operators in the world.
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- Motorola Inc. MOT.N on Tuesday said it agreed   to buy Symbol Technologies Inc. SBL.N for about $3.9 billion   in cash to expand its enterprise capabilities.
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Motorola said Tuesday that it would pay $3.9 billion for Symbol Technologies, a maker of scanners and other wireless technology.
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Symbol Technologies Inc. SBL.N, a   maker of bar code and inventory scanning technology, is   auctioning itself, and mobile phone company Motorola Inc.   MOT.N is the most likely buyer, the Wall Street Journal   reported on Saturday.
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Motorola Inc , the world's  third biggest mobile phone maker, on Sunday unveiled two new  phones and a plan to buy Asian digital music service Soundbuzz  as it looks to stem recent market share losses.
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Motorola has agreed to buy MeshNetworks, a developer of technology and products for rapidly deployed, self-creating wireless mobile networks.
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Motorola Inc.'s venture capital arm aims to boost its investments to more than &#36;100 million this year, betting on technologies including automotive electronics, high-speed wireless communications, and advanced optical systems, its chief told Reuters.
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Sprint Corp., the third-largest wireless phone company in the US, doled out US$3 billion worth of contracts Tuesday to long-time suppliers Lucent Technologies, Nortel Networks and Motorola.
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Telecommunications giant Sprint Corp. is acquiring Nextel Communications Inc. in a &#36;35 billion deal that would create the nation's third largest wireless telephone service provider.
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MGIC Investment Corp. , the largest U S mortgage insurer, will buy number three Radian Group Inc. for $4.9 billion in stock to reduce computer and salary expenses in a stagnating market.
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SCHAUMBURG, Ill. -- Motorola, Inc. (NYSE: MOT - message board) today announced that it has entered into an agreement with Nextel Communications Inc.
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Sprint agreed on Wednesday to buy Nextel Communications for about $35 billion, doubling its customers and bolstering its No. 3 position in the US wireless industry.
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Japanese mobile phone company DoCoMo is in talks to buy 3G handsets from Motorola, the world's second largest handset maker.
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Telecommunications titan Motorola Inc. is buying Ucentric Systems, a Maynard software company that could help Motorola transform its television set-top boxes into networked home entertainment hubs.
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By Deborah Cohen CHICAGO  - Motorola Inc.  is betting it canwin more business from U.S. mobile phone company Sprint Corp. as a result of Sprint's planned takeover of NextelCommunications Inc. , Motorola's chief strategist said.