Zebra Technologies

Zebra Technologies

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Type	Public
Traded as	NASDAQ: ZBRA
Industry	Computer hardware
Founded	1969
Founder	Edward L. Kaplan Gerhard Cless
Headquarters	Lincolnshire, Illinois, USA
Area served	Worldwide
Key people	Michael A. Smith Chairman of the Board Anders Gustafsson CEO Director
Products	RFID printers/encoders, barcode printers, mobile printers, card imaging printers, kiosk printers, real-time locating systems, UWB and related supplies and services
Revenue	$1,038 million - 2013
Operating income	$182.0 million - 2013
Net income	$130.3 million - 2013
Total assets	$5,569 million - 2014
Total equity	$1,040 million - 2014
Number of employees	7,100 - Spring 2014

Zebra Technologies is a public company based in Lincolnshire, Illinois, USA, that manufactures and sells marking, tracking and computer printing technologies. Its products include thermal barcode label and receipt printers, RFID smart label printers/encoders/fixed & handheld readers/antennas, and card and kiosk printers that are used for barcode labeling, personal identification and specialty printing principally in the manufacturing supply chain, retail, healthcare and government sectors. In 2013, the company had sales of $1.038 billion and had a market capitalization of $3.6 billion.

The company has offices in 26 countries, channel partners in more than 100 countries and more than 2,500 employees worldwide. Zebra-brand printers are used by more than 90 percent of Fortune 500 companies.

History

File:Zebra Technologies Heerenveen-2.jpg

Zebra Technologies office in Heerenveen, The Netherlands.

Zebra was incorporated in 1969 as "Data Specialties Incorporated", a manufacturer of high-speed electromechanical products. The company changed its focus to specialty on-demand labeling and ticketing systems in 1982 and became "Zebra Technologies Corporation" in 1986. Zebra became a publicly traded company in 1991. Since 2008, Zebra has outsourced the majority of its printer manufacturing to Jabil Circuit in Guangzhou, China.

In 1998 Zebra Technologies merged with Eltron International, Inc. In 2000 Comtec Information Systems was acquired, followed in 2003 by the acquisition of Atlantek, Inc.

In 2004 the company expanded into RFID smart label manufacturing, acquiring Retail Systems International, Inc. (RSI) the next year. In the following years Swecoin, WhereNet Corp, Proveo AG, and Navis Holdings, LLC (later divested in 2011) were acquired.

The company established the Enterprise Solutions Group (ESG) in 2008; renamed as Zebra Enterprise Solutions (ZES) in 2009. In the same year Multispectral Solutions, Inc. was acquired. In 2012 the company acquired LaserBand, LLC and StepOne Systems in a cash purchase price of $1.5 million.

2013 saw the acquisition of Hart Systems for $94 million in cash from the private equity firm Topspin Partners LBO. In 2014, Motorola Solutions' Enterprise business was bought in a $3.45 billion transaction, providing mobile computing and advanced data capture communications technologies and services.

Locations

Zebra Technologies has more than 80 offices worldwide, with regional headquarters in Lincolnshire, Illinois, and Doral, Florida, in the United States; Bourne End, Buckinghamshire in the United Kingdom; and Singapore.

In April 2014 the company employed more than 2,500 people worldwide. Upon the closing of the Motorola Solutions' Enterprise business acquisition, Zebra’s workforce was expected to grow by 4,500 employees and its patent portfolio predicted to exceed 4,100 U.S. and international patents.