Managed Satellite Communications Solutions News

Harris Corp Acquires CapRock Communications

Harris Corporation (NYSE:HRS), an international communications and information technology company, has entered into a definitive agreement to acquire CapRock Communications, a global provider of mission-critical managed satellite communications solutions for the energy, government and maritime industries. Established in 1981, CapRock managed network solutions include multiband, portable and fixed satellite communications services supported by its teleports and network operations centers around the globe. CapRock designs, implements and operates these end-to-end managed network solutions under long-term contracts. Under the terms of the agreement, Harris will purchase privately held CapRock for $525m in cash, subject to post-closing adjustments.