FREQUENTIS acquires parts of ATM product segment from L3Harris Technologies

Frequentis AG, a leading international supplier of communication and information solutions for safetycritical applications, has announced today that it had signed an agreement to acquire the ATM voice communications and arrival management product business from the US company L3Harris Technologies for a purchase price of USD 20.1 million (about EUR 16,58 million) subject to customary net debt and working capital based purchase price adjustments at Closing.