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New Deal


Announced

Completed

FREQUENTIS completed the acquisition of ATM product segment from L3Harris Technologies for $20m.

Financials

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Transaction Value£14m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Majority

voice communication

United States

Cross Border

Acquisition

Friendly

Digital Services

Single Bidder

Completed

Synopsis

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FREQUENTIS, an Austrian high-tech company that develops communication and information systems, completed the acquisition of ATM product segment from L3Harris Technologies, an American technology company, for $20m. In addition to the acquisition, L3Harris and Frequentis have entered into cooperation agreements under which Frequentis will provide voice communication products for use in L3Harris’ large-scale solutions and services business.

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