Tech Stocks in Motion

Shares of Identix(IDNX Quote) were among technology's winners Thursday, soaring 23% after the biometric technology company agreed to be acquired by identity security concern Viisage Technology(VISGD Quote) for about $770 million in stock.

Identix shareholders will receive 0.473 shares of Viisage for each share of Identix they own. Based on Viisage's closing price of $17.69 on Wednesday, the deal is worth about $8.37 a share, representing a 45% premium over Identix's closing price of $5.78 on Wednesday. The deal is expected to close during the second quarter. Shares of Identix were recently trading up $1.32 to $7.10 while shares of Viisage were trading down $1.08 to $16.61.

Mobility Electronics(MOBE Quote) rose 5% after the company said fourth-quarter sales will be in the middle of its previous forecast of $23 million to $24 million. Analysts polled by Thomson First Call are projecting sales of $23.6 million. "While we received some order deferrals from RadioShack(RSH Quote), we had stronger sales than expected through other channels, which allowed us to still post solid top-line growth over the prior year," the company said. Shares were trading up 51 cents to $10.51. ...