Articles Tagged with ''billion''

Harris Corp. to acquire Exelis

Harris Corp. and Exelis, Inc. announced a definitive agreement under which Harris will acquire Exelis in a cash and stock transaction valued at $23.75 per share, or an approximately $4.75 billion enterprise value. The agreement has been unanimously approved by the boards of directors of both companies. The transaction is expected to close in June 2015 and is subject to customary closing conditions, including regulatory and Exelis shareholder approval.


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RFID market grows 17% in one year to $9.2B

New research conducted by IDTechEx, and published in the report "RFID Forecasts, Players and Opportunities 2014-2024," finds that the RFID market - including tags, readers, software and services, for passive and active RFID - will grow from $7.88 billion in 2013 to $9.2 billion in 2014. Most growth is due to active RFID/RTLS systems, interrogators, and then tags, in terms of total money spent.


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