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Slide #7. ARRIS — SeaWell Networks
ARRIS (NASDAQ: ARRS) announced it acquired Mississauga, Ontario-based SeaWell Networks for an undisclosed amount. This acquisition comes one year after ARRIS's significant acquisition of Motorola Mobility's Home division.
ARRIS International provides entertainment and communications technology. Co. operates in two segments: Customer Premises Equipment (CPE) and Network & Cloud. It enables service providers, including cable, telecom, and digital broadcast satellite operators, and media programmers to deliver media, voice, and IP data services to their subscribers. Co. also develops set tops, digital video and Internet Protocol Television distribution systems, broadband access infrastructure platforms, and associated data and voice CPE, which it sells to consumers. Co.'s solutions are complemented by a range of services including technical support, repair and refurbishment, and system design and integration.
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Hold (2.33 out of 4)
(ranked lower than approx. 91% of all stocks covered)
Based on Zacks ABR data;
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