Zebra Technologies Corporation has announced its planned acquisition of Elo for $1.3 billion, with the transaction expected to close in 2025. The deal will be funded through a combination of cash on hand and financing from Zebra's credit facility. Elo, known for its expertise in consumer-facing workflows, has annual sales of approximately $400 million. The acquisition aims to enhance Zebra's offerings by integrating Elo's portfolio, thus providing more choices and a holistic approach for Zebra's customers and partners. This strategic move is anticipated to be immediately accretive to Zebra's earnings upon closing, with expectations of generating an additional $25 million in annual EBITDA through synergies by the third year.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Zebra Technologies Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20250805443882) on August 05, 2025, and is solely responsible for the information contained therein.