WASHINGTON (April 28, 2009) – Sutherland Asbill & Brennan LLP is representing Tyco Electronics Ltd. regarding the tax aspects of the $675 million sale of its Wireless Systems business to Harris Corporation. Tyco Electronics and Harris Corporation entered the definitive agreement on April 16, 2009, and the transaction is expected to close in the summer of 2009, subject to customary regulatory approvals.
Tyco Electronics is a global provider of engineered electronic components for thousands of consumer and industrial products, network solutions and systems for telecommunications and energy markets, undersea telecommunication systems, and wireless systems for critical communications. Wireless Systems is a leader in developing large-scale critical communications systems based on Internet Protocol (IP) technology for customers in the public safety, utility, transit and public service industries.
The Sutherland team of attorneys includes Tax Partners Michael R. Miles, Robert S. Chase II, and H. Karl Zeswitz Jr. The attorneys reside in the Washington, D.C., office.
SUTHERLAND ASBILL & BRENNAN LLP
Sutherland Asbill & Brennan LLP is a law firm with global reach known for solving challenging business problems and resolving sophisticated legal issues for many of the world’s largest companies. Founded in 1924, the firm handles matters throughout the United States and worldwide. Seven major practice areas—corporate, financial services, energy and environmental, intellectual property, litigation, real estate, and tax—provide the framework for an extensive range of focus areas, allowing Sutherland attorneys to serve a diverse client base that ranges from small and medium-sized start-up businesses to a significant number of Fortune 100 companies.