Harris, Stratex Complete Merger (1/26)
Friday, January 26, 2007 | Comments
Harris Stratex Networks completed its previously announced merger between Stratex Networks and Harris' Microwave Communications Division. Harris Stratex Networks will be listed on the NASDAQ Global Market under the stock symbol HSTX. With calendar-year 2006 revenue of about $650 million, Harris Stratex Networks is the largest independent provider of wireless transmission network solutions, with customers in more than 150 countries, company officials said. The new company's solutions include microwave radios for access and trunking applications, carrier-grade Ethernet transmission systems, network management software, and turnkey field services including network planning, engineering, and implementation.

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