Arris Finally Seals Deal To Acquire Motorola Home Unit From Google

rated by 0 users
This post has 2 Replies | 0 Followers

Top 10 Contributor
Posts 26,220
Points 1,187,430
Joined: Sep 2007
News Posted: Wed, Apr 17 2013 10:46 PM
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 issue Google 10.6 million shares of its common stock in connection with the transaction.

This acquisition creates a global player in video delivery and broadband technology. We are combining the industry's top experts and technologies to create a powerful solution for the entire multiscreen delivery chain – from network infrastructure, to transport, to user experience," said Bob Stanzione, Chairman and CEO of Arris. "The new ARRIS has the expertise to transform the industry."

Now, perhaps this will allow Google to finally focus on Motorola's mobile bits. After all, we're still waiting for that mythical X Phone, aren't we?
  • | Post Points: 35
Top 150 Contributor
Posts 730
Points 5,865
Joined: Apr 2013
Location: Lewisville, TX
Clixxer replied on Thu, Apr 18 2013 1:35 PM

Well hopefully this is good news. All arris equipment I ever used was absolutely horrid. Motorola I never had issues with so hopefully by them taking it over they can improve their modems and boxes. I just hope they learn a thing or two from Motorola's stuff to improve theirs because it is just bad. I mean bad.

My rig - I7-4770K, ASUS Z87-A Mobo, 16 GB Corsair Ram, AMD 7990 GPU, CoolIT AiO Cooler, NZXT H630

  • | Post Points: 5
Top 150 Contributor
Posts 619
Points 5,260
Joined: Dec 2011

I currently use the Shaw Gateway. Made by Arris, not that great.

  • | Post Points: 5
Page 1 of 1 (3 items) | RSS