Offering regional and national programs, CIO (and CSO) events bring together some of the most respected names and thought leaders in information technology and security. Presented by CIOs and other senior level executives, these invitation-only programs offer timely topics and strong networking. Learn More »
Social Responsibility's Strategic Benefits
December 15, 11:30 AM - 12:30 PM US/Eastern (GMT-5)
Join Ed Granger-Happ, CIO of Save the Children, for a discussion of how creating an organization that is socially responsible improves staffing, retention, leadership development and overall corporate health.
Working With and Communicating to Your Board of Directors
January 13, 2009, 4:00 PM - 5:00 PM US/Eastern (GMT-5)
CIO panelists who will share tips and experiences working with their boards: Twila Day of SYSCO; Jeff O'Hare, West Corp.; Marc West, formerly with H&R Block.
IT's Role in Growing Mid-Market Companies
January 14, 4:00 PM - 5:00 PM ET (GMT-5)
Mid-market Council members will share their companies' stories and challenges in driving or coping with growth. Panelists represent Veterinary Pet Insurance, Medicis Pharmaceutical, and Intrax Cultural Exchange.
Learn more about the CIO Executive Council »
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September 19, 2006 — CIO —
Motorola plans to acquire wireless mobile device developer Symbol Technologies for US$3.9 billion, the companies announced Tuesday.
Symbol makes a range of devices for businesses, including handheld computers that may include bar code scanners, radio frequency identification technologies and WiFi. They are widely used by workers in warehouses and large retail outlets, and by delivery services.
The acquisition would fit with Motorola’s history as a developer of mobile phones and two-way radios, and advances its push into companies’ mobile computing strategies, it said. Motorola has traditionally catered to businesses, notably with its push-to-talk technology used by Nextel in the United States, and with its Canopy broadband wireless infrastructure business.
While Symbol’s products have a broad customer base, the company has faced hurdles in the past few years. In 2004, the U.S. Securities and Exchange Commission fined Symbol $37 million for fraudulent accounting practices. Eleven executives were charged with securities fraud including the former chief executive, who subsequently fled the United States.
Rumors had surfaced over the past few days that Symbol was looking for a buyer.
The deal is expected to close later this year or early in 2007, subject to regulatory and other approvals. Symbol will become a Motorola subsidiary and continue to operate from its headquarters in Holtsville, N.Y.
-Nancy Gohring, IDG News Service (Dublin Bureau)
Related Links:
- Motorola, Nokia Team to Boost Mobile TV Services
- Motorola Creates Wireless Development Center in China
Check out our CIO News Alerts and Tech Informer pages for more updated news coverage.
© 2008 CXO Media Inc.
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