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Emerson to Acquire Motorola’s Embedded Communications Computing Business

Emerson and Motorola announced that the two companies have entered into a definitive agreement under which Emerson will acquire Motorola’s Embedded Communications Computing (ECC) business for $350 million in cash. The ECC business, which had 2006 revenue of approximately $520 million, has 1,100 employees and develops and sells embedded computing products and services to communication infrastructure and equipment manufacturers in telecommunications, medical imaging, defense and aerospace and industrial automation.

Source: www.channel-e.biz