Arris to acquire Motorola Home for USD 2.35 bln

Thursday 20 December 2012 | 08:51 CET | News
Arris has won the bidding to acquire the Motorola Home business from Google. Arris will pay USD 2.05 billion in cash and USD 300 million in new shares for the activities, giving Google a 15.7 percent stake in Arris after closing. The acquisition will be on a cash- and debt-free basis and is expected to be "significantly accretive" to Arris' adjusted earnings in the first full year after closing. In addition to the set-top box and video delivery operations of Motorola, Arris will acquire a number of patents and gain a licence to other Motorola Mobility patents. The deal boosts Arris' customer

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Try more access to meet your needs.

  • More frequent visitors may register for free and read up more articles. Register here
  • Very frequent users can subscribe and get unlimited access.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite / Internet
Companies: ARRIS / Google / Motorola Mobility
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Motorola names new head of Home division, strategy chief

Published 29 Jun 2012 09:54 CET | World
Motorola Mobility announced the appointment of Marwan Fawaz to head its Home division. Fawaz was a founder and partner at Sarepta ...

Google prepares sale of Motorola Home business - report

Published 07 Aug 2012 10:36 CET | World
Google is expected to put Motorola Mobility's Home division, which focuses on set-top boxes and other equipment for cable ...

Google hires Barclays to sell Motorola Home unit - report

Published 30 Aug 2012 10:31 CET | World
Google has hired Barclays to seek buyers for Motorola Mobility's Home division, which sells set-top boxes and other equipment to ...

Pace confirms bid for Motorola Home

Published 11 Dec 2012 09:21 CET | World
Set-top box maker Pace has confirmed that it submitted an indicative, non-binding proposal to Google for the potential ...

Flir completes acquisition of Lorex Technology

Published 21 Dec 2012 10:03 CET | Canada
Video surveillance specialist Lorex Technology has announced that thermal imaging company Flir Systems has concluded the ...

Arris unveils Arris Media Gateway MG2402

Published 08 Jan 2013 16:56 CET | World
Arris Group has announced its whole home network and entertainment system, the Arris Media Gateway MG2402, based on the Reference ...

Arris unveils the Arris Market application store

Published 09 Jan 2013 09:53 CET | United States
Arris Group has announced the addition of the Arris Market, an application store launched in conjunction with partner AppCarousel ...

Arris selects Entropic's MoCA 2.0 system for video gateway

Published 09 Jan 2013 05:01 CET | World
Access network equipment provider Arris Group has selected Multimedia over Coax Alliance (MoCA) 2.0 silicon and software service ...

Comcast to pay USD 150 mln to match Google's 7.85% in Arris

Published 15 Jan 2013 08:38 CET | United States
US cable operator Comcast has agreed to buy an around 7.85 percent stake in STB maker Arris for USD 150 million. Comcast is ...

Google to buy Channel Intelligence for USD 125 million

Published 07 Feb 2013 11:24 CET | United States
Google has entered into a definitive agreement to buy US e-marketing software company Channel Intelligence for USD 125 million in ...

Arris just meets Q4 outlook, sees weaker Q1

Published 07 Feb 2013 15:32 CET | World
Arris reported fourth-quarter revenues of USD 344 million, up from USD 281 million a year earlier and at the bottom of its ...

DOJ seeks more info on Arris's Motorola Home acquisition

Published 13 Feb 2013 09:01 CET | World
STB maker Arris and Google have received a second request for information from the US department of justice regarding Arris's ...

Arris receives DoJ clearance for Motorola Home buy

Published 12 Apr 2013 15:47 CET | World
Arris Group has announced that the US Department of Justice has cleared Arris' proposed acquisition of the Motorola Home business ...

Ziggo's VoIP marketshare drops below 46%
Netherlands  |  2015 Q4

Calendar   /   Industry Events

06 May TDS/US Cellular Q1 2016
09 May Novatel Wireless Q1 2016
09 May Liberty Global Q1 2016
09 May HTC Q1 2016
09 May Ceragon Networks Q1 2016
09 May Rackspace Q1 2016
09 May Maxlinear Q1 2015
09 May 5G World MENA 2016
09 May Telecoms Big Data Analytics & CEM Summit
10 May Softbank fiscal Q4
10 May Radcom Q1 2016
10 May Altice Q1 2016
10 May Nokia Q1 2016
10 May Nuance Communications fiscal Q2
10 May Towerstream Q1 2016
10 May Harmonic Q1 2016
10 May MagicJack VocalTec Q1 2016
10 May ICT Spring 2016
10 May Internet of Things World
11 May Opera Software Q1 2016
11 May Alltele Q1 2016
11 May TIM Brasil Q1 2016
11 May Global Symposium for Regulators
11 May CES Asia
12 May Oi Q1 2016
12 May TalkTalk fiscal Q4
12 May Vimpelcom Q1 2016
12 May Xtera fiscal Q2
12 May Nvidia fiscal Q1
12 May Freenet AGM 2015
::: More Calendar Items