[QuadList] OT: Harris Quits broadcast equipment- more detail
Don Norwood
dwnorwood at embarqmail.com
Tue May 1 22:12:40 CDT 2012
Hi Ted:
I received an email this afternoon from Harris, apparently sent to everyone who had an account with them. It's what you would expect the standard corporate line to be.....everything is fine and we look forward to a great future.....
I'm sure you recall that they entered the broadcast business by acquiring Gates, but oddly, if you look at their corporate website history page, there's no mention of that.
I can tie this to quad machines, because I've always had a variety of Leitch hardware, and they acquired Leitch some years ago, so signals that go into or come out of my quads often pass thru a Harris product!
Don Norwood
Digitrak Communications, Inc.
www.digitrakcom.com
----- Original Message -----
From: Ted Langdell
To: Quad List
Sent: Tuesday, May 01, 2012 2:55 PM
Subject: Re: [QuadList] OT: Harris Quits broadcast equipment- more detail
While Harris didn't manufacture video recorders... it's long history in broadcasting makes it worthy of noting.
There's more here:
http://blog.devoncroft.com/2012/05/01/harris-corporation-to-divest-broadcast-business/
with links to previous stories Devoncroft has covered that shed some light on the recent past.
There's also been a change in the Chairman/CEO position between the two quarters, so that may have something to do with the decision.
If the Broadcast division is for sale... obvious questions are:
How much?
What products are included?
Revenue?
Profit?
Who'd be interested?
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