Wednesday, May 6, 2009

Harris Aquires Tyco Wireless Sytems (M/A-COM)

Harris Corporation Reports Higher Revenue, Income and Earnings Per Share for the Third Quarter

MELBOURNE, Fla., May 5 /PRNewswire-FirstCall/

... On April 16, Harris announced a definitive agreement to acquire the Tyco Electronics Wireless Systems business (formerly known as M/A-COM), an established provider of mission-critical wireless communications systems for law enforcement, fire and rescue, and public service organizations. Wireless Systems had revenue of $463 million for its fiscal year ending September 26, 2008, and addresses a growing $9 billion global market for public safety communications. The acquisition is expected to close by the end of June 2009. Wireless Systems will operate as the Public Safety business unit under the Harris RF Communications segment. ...

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