Harris inks Encoda acquisition deal

Harris reportedly will spend $340 million in cash for the company
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Harris has completed its acquisition of Encoda Systems Holdings.

Encoda supplies end-to-end broadcast enterprise software and services solutions including, traffic and billing systems, program scheduling, master control play-to-air automation and digital asset management.

An investment group that included Thomas H. Lee Partners, Blackstone Capital Partners, Spire Capital Partners, and Evercore Capital Partners, among others, had previously owned the company.

For more information, read Harris to acquire Encoda Systems for $340 million in cash.

For more information, visit www.harris.com.