Under the definitive agreement, Harris will purchase the Wireless Systems assets of Tyco Electronics for $675 million in cash, subject to post-closing adjustments. The goodwill arising on completion of the acquisition will be an allowable tax expense with an estimated net present value of $60 million, resulting in an effective purchase price of $615 million. The transaction excludes the State of New York wireless network contract awarded to Wireless Systems in December 2004. Wireless Systems' revenue for the fiscal year ending September 26, 2008, was $463 million, and earnings before interest, taxes, depreciation and amortization (EBITDA) was $86 million. The acquisition is expected to be slightly accretive to Harris earnings in fiscal 2010, excluding acquisition-related charges, and a significant contributor to earnings in fiscal 2011 and fiscal 2012. Morgan Stanley acted as the financial advisor to Harris, while Jones Day provided legal advice.