Harris is to divest its broadcast communications business.
According to the broadcast communications division’s president, Harris Morris, the decision reflects the fact that broadcast communications has become less aligned with Harris’s core business and long-term strategy.
“Operating independently or as part of a broadcast or media-focused enterprise will provide us with strategic investment, increased competitive flexibility, and customer focus to lead the continuing transformation in this competitive marketplace,” said Morris. “The decision to divest in no way reflects the quality of the work Broadcast Communications performed in support of our customers and our company. Harris simply determined that Broadcast Communications could provide higher value and operate more effectively under a different ownership model.”
The division will continue as part of Harris Corporation in the interim, said Morris.