Harris Corp. has closed its purchase of Encoda Systems Holdings, Inc. In a deal worth $340 million, Harris acquires a new line of traffic, billing and promotion scheduling products, as well as automation systems. Encoda has 700 employees, and is made up of what used to be Enterprise Software, Columbine JDS Systems and

Harris Corporation has acquired privately held Encoda Systems Holdings, a supplier of traffic, billing, and program scheduling as well as automation and media asset management solutions.

Encoda's end-to-end workflow solutions complement Harris' existing automation business

Harris reportedly will spend $340 million in cash for the company

The transaction is expected to close in early November

Harris is acquiring Encoda Systems--a provider of traffic and billing, program scheduling, automation and asset management systems for $340 million in a deal that should be complete by early November. Harris says the acquisition will help it expand its automation, asset management and ingest systems by adding Encoda'

Encoda Systems announced that it has signed a letter of intent to acquire a majority interest in Arkemedia Technologies, Ltd., a UK-based digital asset

Leitch shareholders approved the acquisition with a total cash consideration of approximately $450 million