M&A Deal Summary

L3Harris Acquires Zandar Technologies

On November 19, 2007, L3Harris acquired electrical equipment company Zandar Technologies

Acquisition Highlights
  • This is L3Harris’ 1st transaction in the Electrical Equipment sector.
  • This is L3Harris’ 1st transaction in Ireland.

M&A Deal Summary

Date 2007-11-19
Target Zandar Technologies
Sector Electrical Equipment
Buyer(s) L3Harris
Deal Type Add-on Acquisition

Target

Zandar Technologies

Dublin, Ireland
Zandar Technologies is a leader in the development of high quality multi-source display processors that match the specific needs of any display, monitoring and surveillance environment. Founded in 1993, the company combines innovation and experience to provide a wide range of expansive, flexible and resilient multi-image video display solutions for many applications including the FusionPro+™, Predator™, DX™ and MX™ series. Zandar’s international customer base includes many of the world’s leading companies in the Broadcast, Security and professional Audio Visual markets.

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Buyer(S) 1

Buyer

L3Harris

Melbourne, Florida, United States

Category Company
Founded 1895
Sector Defense
Employees47,000
Revenue 21.3B USD (2024)
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 17 of 30
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 15 of 24
Country: Ireland M&A 1 of 1
Year: 2007 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-15 Multimax

Herndon, Virginia, United States

Multimax, Inc., a provider of information technology and communications services for the U.S. government. Headquartered in Herndon, Virginia, Multimax has 1,100 employees located primarily at customer sites supporting a diverse portfolio of mission-critical, network infrastructure programs serving more than 800,000 users at over 3,800 locations in U.S. and overseas. A large portion of the workforce is technically certified and about 85 percent of the company's employees have government security clearances.

Buy $400M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2009-04-16 Crucial Security

Chantilly, Virginia, United States

Crucial Security offers an array of mission-enabling engineering solutions that address both offensive and defensive IT security challenges. The company provides critical support to federal law enforcement and other U.S. government agencies.

Buy -