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Communications Services M&A image Communications Services M&A » By The Online Investor Staff, updated Mon., Feb. 18, 3:12 PM Recent mergers and acquisitions in the Communications Services M&A category.

Slide #84. ARRIS Group, Inc. Motorola Home

Acquirer: ARRIS Group, Inc. (NASDAQ:ARRS)
Acquiree: Motorola Home
Details: ARRIS Group, Inc. (NASDAQ: ARRS) today announced that it completed its acquisition of the Motorola Home business from a subsidiary of Google Inc. This combination will enable ARRIS to transform how service and content providers deliver entertainment and communications. ARRIS paid Google approximately $2.2 billion in cash and issued Google 10.6 million shares of its common stock in connection with the transaction.

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.

ARRS SEC Filing Email Alerts Service


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Company Name: 
ARRIS International PLC
Stock buyback: 
ARRS buyback
Website: 
www.arris.com
Sector: 
Television & Radio
Number of ETFs Holding ARRS: 
35
Total Market Value Held by ETFs: 
$347.96M
Total Market Capitalization: 
$5.47B
% of Market Cap. Held by ETFs: 
6.36%
 

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Hold (2.00 out of 4)
4th percentile
(ranked lower than approx. 96% of all stocks covered)
Based on Zacks ABR data;
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