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Homeland Security

Harris to Acquire Tyco’s Wireless Business for $675M

DDN

Wednesday, April 29th, 2009

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Harris Corp. [HRS] has agreed to acquire the Wireless Systems business of Tyco Electronics [TEL] for $675 million in cash in a deal that gives it entry into the global land mobile radio market and would make it the second largest provider of land mobile radio systems behind Motorola [MOT]. Wireless Systems, the former M/A-COM, serves the public safety, public service, federal government, transit and transportation, and utilities markets. In addition to its single-band radios, Wireless Systems provides end-to-end wireless…

Unmanned Systems

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Congress

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