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Harris Corporation Acquires Patriot Technologies
| Company News - Harris Corporation |
Harris Corporation acquired Patriot Technologies; expanding presence in integrated healthcare information solutions for the federal market
Harris Corporation (NYSE: HRS), an international communications and information technology company, has acquired privately held Patriot Technologies, LLC - expanding its position as a leading provider of integrated, interoperable healthcare information technology solutions for the federal government market.
Patriot, which has about 100 employees, is a leading provider of Department of Veterans Affairs (VA) healthcare IT, imaging, and enterprise software solutions. Harris is a leader in federal healthcare information systems integration, imaging and digital content management solutions supporting the Department of Defense (DoD) and Department of Health and Human Services (HHS) Federal Health Architecture.
The acquisition further extends Harris Corporation's presence in the rapidly expanding $3.4 billion federal government healthcare IT market. The move positions the company to provide comprehensive interoperability solutions that address the national priority of VA and Military Health System enterprise integration.
"Patriot's VA credentials, relationships and healthcare IT expertise are strong additions to our federal healthcare solutions initiatives," said Howard L. Lance, chairman, president and CEO of Harris. "With this acquisition, Harris is well-positioned for a lead role in VA healthcare information technology and broader federal healthcare integration."
Headquartered in King of Prussia, Pennsylvania, Patriot has operations in the Washington, D.C. area, including a facility in Silver Spring, Maryland - next to VA headquarters. Patriot will become part of the Harris Healthcare Solutions business unit, led by Jim Traficant, vice president.
Harris Healthcare Solutions provides enterprise intelligence solutions and services for government and commercial customers - including systems integration, intelligent infrastructure, advanced visualization and display, enterprise digital content management and IT solutions. A leader in federal healthcare IT integration, Harris products, systems and services improve healthcare outcomes by assuring that critical medical and benefits information is delivered with security and privacy to the right person, on the right device, at the point of care.
Source: Harris Corporation
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