Frequentis has completed its acquisition of C4i, the Melbourne-based subsidiary of L3Harris.
C4i, headquartered in Melbourne, operates in the Defence Command & Control market and Frequentis will re-establish it as an independent brand, with a focus on US, Australia, UK, and the allied markets.
In a statement released by the company, Frequentis said C4i will strengthen its worldwide Defence business and portfolio with its highly secure interoperable communications solutions for mission-critical environments.
“We are delighted that with the closing for C4i we completed the transaction with L3Harris in such a short time," Frequentis’ CEO Norbert Haslacher said. "As a new entity of the Frequentis Group, C4i will significantly reinforce Frequentis capabilities in the very important Australian and US markets for multi-domain cyber secure Defence communications.
“We will combine the strength of Frequentis and C4i mission-critical communication platforms, to provide market leading technology and solutions based on extensive security, compliance and export handling processes."
Founded more than 20 years ago, C4i currently has about 80 employees and most recently generated revenue of about USD$17 million (AU$23 million) per annum.
Darren Gardner, who has been C4i's Managing Director since 2017 will continue to lead C4i, while Martin Rampl, Frequentis Australasia Managing Director, will support C4i's integration process and future positioning.
“Frequentis will further expand its Defence business in Australia and US with further investment into products and facilities,” Rampl said. “Australia will benefit from C4i’s sovereign Australian capability and from increased global export opportunities.
"Finally, the close relationship between Australia and the USA will foster enhanced trusted collaboration for US based business.”
The deal forms part of Frequentis' broader US$20.1 million aquisition of several L3Harris business units, announced earlier this year.