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.
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