Items tagged with arris

And just like that, it's a wrap. Motorola's parts weren't all suitable to Google's future needs, but it was clearly an all-or-nothing ordeal back when the purchase went down. Now, Arris is taking Motorola Home's cable and internet businesses away from Google, and it's likely a win-win. The company this week announced that it completed its acquisition of the Motorola Home business from a subsidiary of Google, which will reportedly "enable Arris to transform how service and content providers deliver entertainment and communications." Google comes out with $2.2 billion from the sale, and Arris also... Read more...
The words "Motorola" and "billions" have hit the same sentence an awful lot lately. First, it was Google's involvement in buying Motorola Mobility. And now, Arris is set to acquire Motorola's Home Business for $2.35 billion in cash and stock. In the latest blockbuster deal involving the Motorola name, Arris -- hailed as a "global innovator in broadband media technology" -- agreed to terms with parent company Google in which Arris will snap up Moto's Home Business from Motorola Mobility. Under the terms of the agreement, upon closing of the transaction, Google will receive $2.05 billion in cash... Read more...