M&A Deal Summary

L3Harris Acquires Northeast Broadcast Lab

On April 7, 1997, L3Harris acquired communications company Northeast Broadcast Lab

Acquisition Highlights
  • This is L3Harris’ 2nd transaction in the Communications sector.
  • This is L3Harris’ 1st transaction in the United States.
  • This is L3Harris’ 1st transaction in Indiana.

M&A Deal Summary
Date 1997-04-07
Target Northeast Broadcast Lab
Sector Communications
Buyer(s) L3Harris
Deal Type Add-on Acquisition

Target

Northeast Broadcast Lab

Richmond, Indiana, United States
Northeast Broadcast Lab, Inc., a supplier of radio broadcast equipment and studio systems.

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Buyer(S) 1

Buyer

L3Harris

Melbourne, Florida, United States
Category Company
Founded 1895
Sector Defense
Employees47,000
Revenue 19.4B USD (2023)
DESCRIPTION
Entrance to L3Harris' corporate headquarters in Melbourne, Florida.
Entrance to L3Harris' corporate headquarters in Melbourne, Florida.

L3 Harris is a producer of communications products, systems and services for global markets, including RF communications, integrated network solutions and government communications systems. L3Harris Technologies was founded in 1895 and is based in Melbourne, Florida.

DEAL STATS #
Overall 2 of 30
Sector (Communications) 2 of 11
Type (Add-on Acquisition) 2 of 24
State (Indiana) 1 of 1
Country (United States) 1 of 27
Year (1997) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1992-10-26 Westronic

Calgary, Alberta, Canada

Westronic, Inc. provides power grid & communications network remote monitoring systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1998-01-01 AuthenTec

Melbourne, Florida, United States

AuthenTec, Inc. is a fabless semiconductor manufacturer that designs and produces placement and swipe sensors for fingerprint biometrics.

Sell -
Mergr

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