10.11.2004 08:00 AM
Harris to acquire Encoda

Harris has signed an agreement to acquire Encoda Systems Holdings, a supplier of software and service solutions for the broadcast media industry, for $340 million.

The move follows a continuing contraction in the multichannel automation systems category, that has seen Harris buy Louth Automation in 1999 and the creation of Encoda, a result of the merger of Enterprise Software, Columbine JDS Systems, and Drake Automation, which occurred in 2000.

During a conference call with reporters, company officials said no layoffs would be imminent, although redundant resources, including products, R&D effects and employees, would be looked at and addressed accordingly.

Reinforcing its desire as a company to expand into automation, Harris executives said the future of its Broadcast Communications Division (BCD), led by Jeremy Wensinger, rests in its ability to help broadcasters and others automate their redundant processes as they centralize and consolidate operations and resources.

The transaction is expected to close in early November.

For more information, visit www.harris.com.

Back to the top

Post New Comment
If you are already a member, or would like to receive email alerts as new comments are
made, please login or register.

Enter the code shown above:

(Note: If you cannot read the numbers in the above
image, reload the page to generate a new one.)

No Comments Found

Thursday 10:05 AM
NAB Requests Expedited Review of Spectrum Auction Lawsuit
“Broadcasters assigned to new channels following the auction could be forced to accept reductions in their coverage area and population served, with no practical remedy.” ~NAB

202 Communications /   Friday 12:41 PM
Albis Technologies Appoints New Head of Access Solutions
ignite strategic communications /   Thursday 03:48 PM
2015 HPA Tech Retreat(r) Unveils Expanded Session Schedule

Featured Articles
Discover TV Technology