Zebra Technologies acquires Matrox Imaging for $875M, expanding machine vision portfolio

ZEBRA TECHNOLOGIES CORP

Purchase price $875M; funded with cash and credit facility; expected to close in 2022.
Matrox Imaging has annual sales ~$100M with higher profit margin than Zebra.
Acquisition adds platform-independent software, smart cameras, 3D sensors, vision controllers.
Expands Zebra's automation and vision technology solutions; complements existing portfolio.
Subject to regulatory approval and customary closing conditions.

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