Arris receives DoJ clearance for Motorola Home buy

News Broadband Global 12 APR 2013
Arris receives DoJ clearance for Motorola Home buy
Arris Group has announced that the US Department of Justice has cleared Arris' proposed acquisition of the Motorola Home business from a subsidiary of Google. As a result, all required regulatory approvals have been received, or the applicable waiting periods have expired, and Arris expects to close the transaction on or about 17 April. Arris first announced the takeover of the set-top box business in December 2012, for USD 2.35 billion.

Categories:

Internet,  Video

Companies:

Arris,  Google

Regions:

Global

Tags:

Enterprise equipment, Enterprise, Contract & orders, M&A buyouts & divestments

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