Harris has acquired Optimal Solutions (OSi), a privately held provider of air-time sales, traffic and billing software systems to more than 350 broadcast stations in North America, for $32 million. Kansas City, MO-based OSi made $5 million in revenue last year and has approximately $27 million in revenue under contract. This acquisition will assist in Harris' goal of providing Total Content Delivery solutions.
For more on the acquisition:
- go to Harris' press release
PLUS: Timothy Thorsteinson is Harris' new president of the company's Broadcast Communications Division. Thorsteinson was president of Leitch Technology, acquired by Harris in October 2005 to expand into video infrastructure. He succeeds Jeremy Wensinger, who is being promoted to a senior leadership position within the Harris Government Communications Systems Division. Release