14 Facts About Symbol Technologies

Symbol Technologies is an American manufacturer and supplier of mobile data capture and delivery equipment.

Symbol Technologies specializes in barcode scanners, mobile computers, RFID systems and Wireless LAN infrastructure.

In 2014, Symbol Technologies became a subsidiary of Zebra Technologies, and is headquartered in Holtsville, New York, on Long Island.

Symbol Technologies focused heavily on the retail industry and began to get involved in inventory management.

Symbol Technologies began to make small computers that could store data scanned to take inventory counts remotely and then upload the information gathered to a host system.

Related searches

Symbol Technologies settled on frequency hopping as the most robust, agile and interference-tolerant approach to data communications while Telxon selected direct sequence technology which they felt afforded higher transfer speeds with adequate interference immunity.

Later on Symbol Technologies started to sell the radios as PC Cards as a stand-alone product to various original equipment manufacturers and private label customers.

The ensuing proxy battle lasted two years, and in December 2000 Symbol Technologies was able to complete the takeover at a much lower price of $465 million.

In 2004 Symbol Technologies acquired Matrics, helping the company to push further into the RFID field.

In late 2002, Symbol Technologies restated almost four years of earnings from 1998 to 2001, in the process erasing $234 million in revenue and $325 million in net income.

Symbol Technologies remains a fugitive as of 2017; he claims he will not voluntarily return to face the charges against him because he does not believe he can get a fair trial in the United States.

Symbol Technologies never recovered from the fraud, and in 2007 was acquired by Motorola for $3.

Symbol Technologies essentially took over Motorola's enterprise division; it was far larger than the pre-merger division.

Symbol Technologies remained part of Motorola Solutions, the legal successor to the old Motorola, after the company spun off its mobile phone division as Motorola Mobility.