Thread regarding Arris Group Inc. layoffs

CommScope in talks to buy Arris International

https://www.nasdaq.com/article/commscope-in-talks-to-buy-arris-international-20181024-01142

It's coming, CEO didn't denied the statement

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Post ID: @VPhPm1I

6 replies (most recent on top)

Bruce will be most benefited. The CommScope CEO is going to retire soon.

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Post ID: @VPhPm1I-deih

@VPhPm1I-lkg It's done deal.

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Post ID: @VPhPm1I-dvmo

Here we go again, synergies, blah, blah, blah. Someone's got to pay for this deal and I guess who it's going to be.

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Post ID: @VPhPm1I-dwtr

yup, guess I was wrong....good luck everyone

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Post ID: @VPhPm1I-csqk

Buy, sell, buy, sell, be bought, buy, sell, be bought.


In November, 2001, Arris announced that it would acquire the assets of Cadant Inc., a Naperville, IL-based privately held designer and manufacturer of cable modem termination systems.[3] The acquisition was completed on January 31, 2002.[4]

On September 23,[5] 2007, Arris purchased C-COR.

On September 1, 2009, Arris acquired certain assets of EG Technology, Inc., (EGT), an Atlanta-based company.[6] That same month, Arris purchased the assets of Digeo, Inc. (including Moxi), for approximately $20 million.[7]

On October 11, 2011, Arris acquired BigBand Networks, for $172 million, or $53 million net of the estimated cash on hand at BigBand.[8]

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.[9][10] The acquisition was completed on April 17, 2013.[11] With that acquisition, Arris grew its presence in the set-top box market.[12]

On April 22, 2015, Arris Group agreed to acquire set top box manufacturer Pace plc of the United Kingdom, and completed the acquisition on Jan. 4, 2016 in a stock and cash deal that valued Pace at £1.4 billion ($2.1 billion). The resultant combined group is incorporated in the United Kingdom, but operationally managed from Arris's location in Suwanee, Georgia, United States. Pace shareholders own 24% of the combined company, and Arris shareholders 76%.[13][14]

On February 22, 2017, Arris Group announced an agreement to acquire the Ruckus Wireless unit from Broadcom Limited for $800 million.[15][16]

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Post ID: @VPhPm1I-3kzp

Not necessarily https://www.lightreading.com/mergers-and-acquisitions/commscope-in-talks-to-buy-arris---report-/d/d-id/747086?

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Post ID: @VPhPm1I-lkg

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