Zebra Technologies Buying 3D Technology Company Photoneo

Dow Jones

2024-12-30

By Chris Wack

Zebra Technologies said it is buying Photoneo, a developer and manufacturer of 3D machine vision solutions.

Financial terms of the acquisition weren't disclosed.

The technology company said it expects to fund the purchase price with cash on hand.

The transaction is expected to close in the first quarter of 2025.

In 2024, Zebra and Photoneo created an original equipment manufacturer relationship for Photoneo's cameras that expanded Zebra's 3D portfolio offering.

Write to Chris Wack at chris.wack@wsj.com

(END) Dow Jones Newswires

December 30, 2024 10:40 ET (15:40 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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