Communications Services M&A » By The Online Investor Staff, updated Fri., May. 24, 6:48 AM
Recent mergers and acquisitions in the Communications Services M&A category.
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Slide #7. ARRIS — SeaWell Networks
Acquirer:
ARRIS (NASDAQ:ARRS)
Acquiree:
SeaWell Networks
Details:
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 is engaged in the entertainment, communications, and networking technology. Co. operates in three business segments: Customer Premises Equipment (CPE), Network and Cloud and Enterprise Networks. Co. enables service providers, including cable, telecom, digital broadcast satellite operators and media programmers, to deliver media, voice, and Internet Protocol data services to their subscribers. Co. also develops a set-tops, digital video and Internet Protocol Television distribution systems, broadband access infrastructure platforms, and broadband data and voice CPE, which Co. also sells directly to consumers through retail channels.
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Avg. Broker Rec.
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Hold (2.00 out of 4) 100th percentile
(ranked higher than approx. 100% of all stocks covered)
Based on Zacks ABR data; powered by Xignite |
