Zebra Technologies

“roughly flattish if you take out the royalty we get from Zebra, that was the last quarter we had the comps”

Honeywell's Productivity Solutions and Services segment collects a licensing royalty from Zebra Technologies; the quarter marked the last comparison against that royalty stream.

“we expanded our connected frontline portfolio and customer base through the Elo Touch acquisition and expanded our 3D machine vision capabilities with the Fotoneo acquisition.”

Zebra acquired Fotoneo to add high-end 3D machine-vision capability, part of its push to return machine vision to growth in 2026.

“we expanded our connected frontline portfolio and customer base through the Elo Touch acquisition and expanded our 3D machine vision capabilities with the Fotoneo acquisition.”

Zebra acquired Elo Touch (interactive displays/self-service kiosks), which management said added roughly two points of sales growth and is performing well.

“our partners in Qualcomm and Google on the OS to make sure that they can support AI models on the device.”

Zebra names Google (Android OS) as a partner enabling on-device AI support on its mobile computers, a read-through for continued Android enterprise device attach.

“our partners in Qualcomm and Google on the OS to make sure that they can support AI models on the device.”

Zebra names Qualcomm as a silicon/OS partner it works with so its next-gen mobile computers can run on-device AI models, implying continued design-win demand for Qualcomm processors in enterprise devices.

“acquired 3D machine vision company, Photoneo and Elo Touch Solutions with cash on hand and our existing credit facility”

Zebra acquired 3D machine-vision company Photoneo, strengthening its asset-visibility and automation portfolio.

“including our recent acquisition of Elo Touch Solutions which enables us to accelerate our vision for the connected frontline”

Zebra acquired Elo Touch Solutions (touchscreens, point-of-sale, self-serve kiosks), expanding its connected-frontline addressable market to more than $20 billion.

“our recent $62 million acquisition of Photoneo as well as this morning's acquisition announcement, support our continued efforts to scale in adjacent markets.”

Zebra's smaller, recently closed acquisition of 3D machine-vision company Photoneo is cited alongside the larger Elo deal as part of its adjacent-market expansion strategy.

“Elo is a leading provider of point-of-sale solution, kiosks, interactive displays and touchscreen solutions with a 50-year track record of innovation in more than 400 patents operating in an $8 billion market. The company generates approximately $400 million of annual revenues with a similar sales growth and EBITDA margin profile to Zebra.”

Zebra is acquiring point-of-sale and touchscreen vendor Elo for $1.3 billion, a deal management frames as expanding its addressable market by roughly $8 billion into consumer-facing self-service hardware.

“Zebra is helping customers like Perris Wright, Kynae Robotics, and Bimbo Bakeries deploy and integrate our technology into their manufacturing environments, enabling work-in-progress tracking, communication and collaboration, quality control, and improved forecasting.”

Zebra names Bimbo Bakeries among manufacturing customers deploying its technology for work-in-progress tracking and quality control, indicating continued technology investment by the bakery giant.

“we acquired FotoNeuf, a leading 3D machine vision company based in Eastern Europe, for $62 million. This profitable business will contribute approximately 30 basis points to Zebra's overall sales growth in 2025.”

Zebra closed its acquisition of 3D machine-vision maker FotoNeuf (also referenced as FotoNeo) for $62 million, a profitable, growing business expected to add to Zebra's sales this year.

“We have partnered with Qualcomm, Google, and strategic independent software vendors to help our retail customers begin to leverage the power of AI across their frontline operations.”

Google is named alongside Qualcomm as a technology partner supporting Zebra's AI-powered retail solutions demonstrated at NRF.

“We have partnered with Qualcomm, Google, and strategic independent software vendors to help our retail customers begin to leverage the power of AI across their frontline operations.”

Qualcomm is named as a technology partner enabling Zebra's on-device AI capabilities for retail customers, part of the chipset relationship underpinning Zebra's mobile computing AI push.