newsbytes@clarinet.com (01/14/90)
MELBOURNE, FLORIDA, U.S.A., 1990 JAN 10 (NB) -- Harris has signed agreements to sell off its Lanier Business Systems and its data communications subsidiaries in separate transactions. The company is maintaining the old Harris/3M operations, which distributes computer and copier supplies. Syntrex of Eatontown, New Jersey, a network systems integrator, is buying what's left of Lanier, which Harris bought in 1983 when it was a major player in dedicated word processing. Pending a closing January 31, the company is already being operated by Syntrex. Terms were not disclosed. Adacom, of Overland Park, Kansas is picking up the data communications division, which will be run as Harris-Adacom. Adacom sells add-in hardware and software for IBM computers. Harris' data communication operations sell computer terminals, communications controllers and network connectivity products. Harris will keep a minority interest in Harris-Adacom, as will Oak Investment Partners, a venture capital firm. The company will retain its headquarters in Dallas, Texas. (Dana Blankenhorn/19900112/Press Contact: Gary Brunner, Harris- Adacom, 214-386-2537; Louis Turkaly, Syntrex, 201-542-1500)