[November 17, 2009] Harris Corporation acquires Patriot Technologies Tweet Nov 17, 2009 (Datamonitor Financial Deals Tracker via COMTEX) -- Harris Corporation has acquired Patriot Technologies, LLC, a provider of information technology and software development services to the healthcare industry. Both the companies are based in the US. Harris Corporation is a communications and information technology company offering solutions to government and commercial markets. With the acquisition, Patriot Technologies will become part of the Harris Healthcare Solutions business unit. Houlihan Lokey Howard & Zukin Financial Advisors, Inc. acted as financial advisor to Patriot Technologies. Deal Type Acquisition Sub-Category Majority Acquisition Deal Status Completed: 2009-11-16 Deal Participants Target (Company) Patriot Technologies, LLC Acquirer (Company) Harris Corporation Deal Rationale The acquisition will strengthen Harris's position as a provider of integrated, interoperable healthcare information technology solutions for the federal government market. It will also strengthen Harris's position as a provider of comprehensive interoperability solutions that address the national priority of Veterans Affairs (VA) and military health system enterprise integration. [ Back To TMCnet.com's Homepage ]