Harris Corporation acquires Patriot Technologies
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[November 17, 2009]

Harris Corporation acquires Patriot Technologies

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.

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