Harris Corp. buys SignaCert
Harris Corp. has entered into an agreement to buy privately held SignaCert Inc., an IT compliance solutions provider.
The terms of the deal were not disclosed.
Harris officials said the deal will expand its position as a leading provider of cyber solutions for government and commercial customers. Portland, Ore.-based SignaCert’s customers include government, financial services and health care companies.
“This acquisition will expand our presence in the growing $10 billion cyber solutions market,” said Dale Meyerrose, vice president and general manager of Harris Cyber Integrated Solutions. “Acquiring SignaCert will strengthen our cyber leadership team, and Harris will be better positioned to provide solutions that address the national priority of enhancing critical cyber infrastructure.”
Melbourne-based Harris Corp. (NYSE: HRS) is an international communications and information technology company serving government and commercial markets worldwide.
The company has $5 billion of annual revenue and more than 15,000 employees.