02.06.2013 04:33 PM
The Gores Group completes Harris Broadcast acquisition

Los Angeles-based investment firm, The Gores Group, announced Feb. 4 the completion of its acquisition of Harris Broadcast Communications.

“This is an exciting new chapter for Harris Broadcast, our employees and our customers,” said Harris Morris, CEO of Harris Broadcast.

Morris added that The Gores Group will provide Harris Broadcast with “additional resources such as a flexible capital base,” as well as new talent to help the company “drive innovation, streamline operations and improve customer service.”

Carl Vogel, a veteran of the cable television and satellite industry, is a senior advisor to The Gores Group and will be a member of the Gores team providing advice and strategic guidance to the company.

“With our equity capital and guidance, we are confident that Harris Broadcast will transition to a strong independent company that will continue to develop and deliver market-leading technology and service to its customers,” said Ryan Wald, managing director of The Gores Group.



Comments
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


 
Featured Articles
Research & Standards
Discover TV Technology