Harris Corp. To Acquire CapRock For $525 Million

Howard Lance, Chairman & CEO, Harris Corp.

In an effort to expand its international presence and expand its customer base, maker of communications hardware and software, Harris Corp. (HRS) has agreed to acquire CapRock, a satellite-communications provider for $525 million.

CapRock of Houston provides end-to-end satellite communications solutions to governments, as well as maritime and energy companies in remote locations like oil rigs and battlefields around the world.

Harris Corp., headquartered in Melbourne, FL, is looking forward to meeting the increasing demand for outsourced managed communications services while also increasing their presence in the maritime and energy sectors.

In addition Harris Corp. is also acquiring SignCert, in order to increase its position in Internet security and compliance offerings for clients.