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Harris Corporation to Acquire Tyco Electronics Wireless Systems, Creating a Leading Provider of Wireless Communication Networks in Land Mobile Radio Systems Market.

Article Excerpt
Acquisition Boosts Harris Entry into Growing Market

MELBOURNE, Fla. and LOWELL, Mass., April 16 /PRNewswire-FirstCall/ -- Harris Corporation , an international communications and information technology company, has signed 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.

Tyco Electronics Wireless Systems, a business segment of Tyco Electronics Ltd. , was formed in 1999 and grew through the acquisition of ComNet Ericsson in 2001 to create Tyco Electronics Wireless Systems ("Wireless Systems"). Wireless Systems will be combined with the Harris RF Communications business segment, creating a dynamic new organization that will provide end-to-end wireless network solutions to the growing $9 billion global land mobile radio systems market.

"The combination of RF Communications and Wireless Systems creates a powerful supplier in the global land mobile radio systems market," said Howard L. Lance, chairman, president and CEO of Harris. "With an 80-year heritage in providing communications for the public safety market, Wireless Systems has established a large installed customer base, extensive domain...

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