Zebra Technologies Corporation (ZBRA) Completes Acquisition of Elo Touch Solutions

Zebra Technologies Corporation (NASDAQ:ZBRA) is one of the best most oversold large cap stocks so far in 2025. Zebra Technologies Corporation (NASDAQ:ZBRA) announced on October 1 the completion of the acquisition of Elo Touch Solutions, Inc., previously majority owned by funds managed by Crestview Partners since 2018.

Elo Touch Solutions, Inc. is an “innovator of solutions that engage customers, enhance self-service and accelerate automation across retail, hospitality, quick service restaurants (QSR), healthcare and industrial markets”.

Management reported that the acquisition would expand Zebra Technologies Corporation’s (NASDAQ:ZBRA) addressable market by around $8 billion and boost its focus on customer-facing workflows.

Zebra Technologies Corporation (NASDAQ:ZBRA) is involved in the manufacture, design, and sale of automatic identification and data capture products.

The company’s products include barcode scanners, mobile computers, specialty printers for barcode labeling and personal identification, radio frequency identification devices readers, real-time location systems, and more. It operates through Asset Intelligence and Tracking, and Enterprise Visibility and Mobility segments.

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Disclosure: None. This article is originally published at Insider Monkey.