Motorola Solutions buys Psion for $200 million

Stefan Mileschin · 18th June 2012, 09:29

Psion has mostly slipped out of the public eye, but that's about to change -- Motorola Solutions just bought the company for $200 million in cash to bolster its work with industrial companies. The deal will mostly focus on improving Motorola Solutions' toughened-up handhelds and in-car terminals. Not always exciting out of devices like the ET1, but it ends Psion's 32-year history as an independent company and a legacy that includes some of the very first PDAs, like the Psion Organizer. We won't miss the fight over the "netbook" name, mind you. Regardless of how you feel, you'll have until fall to wax nostalgic, as that's when the two sides expect the deal to close and the Psion name gets subsumed into that of another mobile pioneer.

http://www.engadget.com/2012/06/15/m...r-200-million/

18th June 2012, 09:29	#1
Stefan Mileschin [M] Reviewer Join Date: May 2010 Location: Romania Posts: 155,438	Motorola Solutions buys Psion for $200 million Psion has mostly slipped out of the public eye, but that's about to change -- Motorola Solutions just bought the company for $200 million in cash to bolster its work with industrial companies. The deal will mostly focus on improving Motorola Solutions' toughened-up handhelds and in-car terminals. Not always exciting out of devices like the ET1, but it ends Psion's 32-year history as an independent company and a legacy that includes some of the very first PDAs, like the Psion Organizer. We won't miss the fight over the "netbook" name, mind you. Regardless of how you feel, you'll have until fall to wax nostalgic, as that's when the two sides expect the deal to close and the Psion name gets subsumed into that of another mobile pioneer. http://www.engadget.com/2012/06/15/m...r-200-million/

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