YOU ARE AT:Archived ArticlesHARRIS ACQUIRES DIVISION OF NOVATEL'S OPERATIONS

HARRIS ACQUIRES DIVISION OF NOVATEL’S OPERATIONS

MELBOURNE, Fla.-As part of the company’s strategy to address the worldwide remote and rural telecommunications market, Harris Corp. said it has acquired NovAtel Communications Ltd.’s wireless products division, research and development capability and a manufacturing plant.

Calgary, Alberta, Canada-based NovAtel develops and manufactures wireless products for cellular, mobile data and rural telecommunications markets. The assets Harris acquired include the Wireless Access Products Division, manufacturing capability and NovAtel’s 120,000-square-foot manufacturing facility in Calgary.

NovAtel’s family of wireless products includes the Supplementary Cellular System, the Wireless Access Communication System and the Cellular Radio Communication System.

The acquisition follows NovAtel’s announcement that its letter of intent with Intek Diversified Corp. to purchase the Calgary operation had expired. NovAtel had been in discussions with Simmonds Capital Ltd. concerning alternative proposals to restructure the acquisition originally considered by Intek.

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