Xplore Technologies is a publicly traded, designer, marketer and manufacturer of rugged
tablets. The company was founded in 1996 and is based in
Austin, Texas
Austin is the capital city of the U.S. state of Texas, as well as the county seat, seat and largest city of Travis County, Texas, Travis County, with portions extending into Hays County, Texas, Hays and Williamson County, Texas, Williamson co ...
. In 2015, Xplore Technologies purchased assets of
Motion Computing making it one of the top companies in the rugged tablet PC market. The company's products are primarily used by field service personnel, factory workers and military personnel. Xplore Technologies products are built to satisfy
MIL-STD-810G and
HAZLOC compliant
ATEX
The ATEX directives are two EU directives describing the minimum safety requirements for workplaces and equipment used in explosive atmospheres. The name is an initialization of the French term ''Appareils destinés à être utilisés en ATmo ...
standards, as well as
Ingress Protection (IP) ratings.
History
Xplore Technologies was founded in
Ontario
Ontario ( ; ) is one of the thirteen provinces and territories of Canada.Ontario is located in the geographic eastern half of Canada, but it has historically and politically been considered to be part of Central Canada. Located in Central C ...
,
Canada
Canada is a country in North America. Its ten provinces and three territories extend from the Atlantic Ocean to the Pacific Ocean and northward into the Arctic Ocean, covering over , making it the world's second-largest country by tota ...
in 1996 and began selling devices in 1998. The company was listed on the
Toronto Stock Exchange
The Toronto Stock Exchange (TSX; french: Bourse de Toronto) is a stock exchange located in Toronto, Ontario, Canada. It is the 10th largest exchange in the world and the third largest in North America based on market capitalization. Based in th ...
in June 1998. In 2003, Xplore Technologies announced that it was relocating its corporate headquarters to Austin, Texas. The company filed to change its jurisdiction from Canada to Delaware in 2006. In July 2012, after being traded
over-the-counter
Over-the-counter (OTC) drugs are medicines sold directly to a consumer without a requirement for a prescription from a healthcare professional, as opposed to prescription drugs, which may be supplied only to consumers possessing a valid prescr ...
since leaving the TSX, the company filed for an
IPO
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment ...
with the
SEC and was listed on the
Nasdaq
The Nasdaq Stock Market () (National Association of Securities Dealers Automated Quotations Stock Market) is an American stock exchange based in New York City. It is the most active stock trading venue in the US by volume, and ranked second ...
stock exchange. In March 2015, Xplore Technologies raised $12 million when it sold an additional 2 million shares of common stock. In April 2015, the company bought assets of
Motion Computing Inc. for $16 million. On July 5, 2018, Zebra Technologies announced its intent to acquire Xplore Technologies for roughly $90 million.
References
{{reflist
Companies based in Austin, Texas
Home computer hardware companies
Companies established in 1996