MELBOURNE, Fla. and
WASHINGTON, March 10, 2011 /PRNewswire/ -- Harris Corporation
(NYSE: HRS), an international communications and information
technology company, has acquired key infrastructure assets of the
government business of Core180, Inc. Based in Fairfax, Virginia, Core180 is a telecom
network integrator that provides wide area networks and management
services to government agencies, large enterprises, telecom
carriers and systems integrators. The acquired infrastructure
will become part of Harris CapRock Communications, expanding the
company's terrestrial network infrastructure and its ability to
offer fully managed, end-to-end communication services for both
government and commercial customers.
Harris acquired Core180's proprietary carrier agnostic Network
as a Service (NaaS) platform, which enables customers to extend
their networks without additional capital or operational expenses,
providing more network choices while lowering upfront investments.
The acquisition includes 50 highly skilled terrestrial networking
experts based in Core180's New
York and Washington,
DC-area offices, along with a 24x7 Network Operations Center
used to monitor its extensive terrestrial infrastructure.
Following the transaction, Core180 will continue to serve its
commercial and government customers directly.
"Acquiring Core180 infrastructure gives us the people, tools and
knowledge to dramatically scale our terrestrial capabilities on a
global basis and support all the customers we serve today," said
Peter Shaper, group president,
Harris CapRock. "We look forward to
integrating Core180's extensive terrestrial infrastructure into new
solutions we build for our customers to meet their growing
communications requirements."
Harris CapRock Communications is a premier global provider of
managed satellite and terrestrial communications solutions
specifically for remote and harsh environments including the
energy, government and maritime markets. Harris CapRock owns
and operates a robust global infrastructure that includes five
teleports, four 24 x 7 network operations centers, and eleven
regional support centers, and over 150 in-house field service
personnel supporting customer locations across North America, Central and South America, Europe, West
Africa and Asia
Pacific.
About Harris Corporation
Harris is an international communications and information
technology company serving government and commercial markets in
more than 150 countries. Headquartered in Melbourne, Florida, the company has
approximately $5 billion of annual
revenue and more than 16,000 employees — including nearly 7,000
engineers and scientists. Harris is dedicated to developing
best-in-class assured communications® products, systems, and
services. Additional information about Harris Corporation is
available at www.harris.com.
Forward-Looking Statements
This press release contains forward-looking statements that
reflect management's current expectations, assumptions and
estimates of future performance and economic conditions. Such
statements are made in reliance upon the safe harbor provisions of
Section 27A of the Securities Act of 1933 and Section 21E of the
Securities Exchange Act of 1934. The company cautions investors
that any forward-looking statements are subject to risks and
uncertainties that may cause actual results and future trends to
differ materially from those matters expressed in or implied by
such forward-looking statements. Statements about the expected
value and anticipated benefits of the transaction to Harris are
forward-looking and involve risks and uncertainties. Other factors
that may impact the company's results and forward-looking statement
may be disclosed in the company's filings with the SEC.
Harris disclaims any intention or obligation, except as
imposed by law, to update or revise any forward-looking statements,
whether as a result of new information, future events, or
otherwise.
SOURCE Harris Corporation