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Arris International

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ARRIS
Company typePublic (NasdaqARRS)
IndustryTelecommunications
Founded1995
HeadquartersSuwanee, Georgia, USA
Key people
Robert J. Stanzione, CEO
RevenueIncrease$1,088.69 Million USD (2011)
Decrease$14.63 Million USD (2011)
Decrease$17.66 Million USD (2011)
Total assets$1.36 Billion USD (2011)
Total equity$916.21 Million USD (2011)
Number of employees
2,211 (DEC '11)
Websitewww.arrisi.com

ARRIS Group Inc. is a telecommunications equipment manufacturing company that provides cable operators with high-speed data, video and telephony systems for homes and businesses. The company is headquartered in Suwanee, Georgia, USA, and has design, engineering, manufacturing, distribution, service and sales office locations throughout the world.

Two of the company's popular home telephony modems are the TM402P and the TM502G.[2]

Acquisitions

ARRIS purchased C-COR in late 2007.

On September 1, 2009, ARRIS acquired certain assets of EG Technology, Inc., (EGT), an Atlanta-based company.[3] That same month, ARRIS purchased the assets of Digeo, Inc. (including Moxi), for approximately $20 million.[4]

On October 11, 2011, ARRIS acquired BigBand Networks, for $172 million, or $53 million net of the estimated cash on hand at BigBand.[5]

On December 19, 2012, ARRIS announced that it would acquire Motorola Mobility's Home unit (the former General Instrument company) from Google for $2.35 billion in cash and stock.[6][7] The acquisition was completed on April 7, 2013. [8]

References

  1. ^ "ARRS: Summary for Arris Group Inc- Yahoo! Finance". Retrieved 2013-02-06.
  2. ^ ARRIS TM402P FAQ Videotron VoIP cable English - dslreports.com
  3. ^ ARRIS Acquires Assets of EG Technology Inc.
  4. ^ ARRIS Purchases Digeo, Inc. in Cash Transaction
  5. ^ ARRIS Group to buy BigBand Networks for $172M
  6. ^ ARRIS Group, Inc. (December 19, 2012), ARRIS To Acquire Motorola Home Business For $2.35 Billion In Cash And Stock (press release), Thomson Reuters
  7. ^ Tess Stynes (December 20, 2012), "Google Sells Cable-Box Unit for $2.35 Billion", The Wall Street Journal, p. B2 {{citation}}: |format= requires |url= (help)
  8. ^ ARRIS Acquires Motorola Home: Creates Premier Video Delivery and Broadband Technology Company Powerful Combination Transforms Industry, Accelerates Innovation - April 17, 2013 (press release)