Cable and TV technology giant Arris posted revenues of US$1.73 billion for the second quarter, up 37% year-on-year. Revenues and income exceeded expectations, leading CEO Bob Stanzione to describe the quarter as the company’s best ever. Net income for the quarter was US$84.2 million, up from US$16.8 million last year. Stanzione said that he now […]
The networks business, telco TV and OTT are among the key growth opportunities that Arris expects to be better placed to take advantage of as a result of its acquisition of Pace, according to chairman and CEO Bob Stanzione. In a wide-ranging interview with DTVE after Arris closed its £1.4 billion (€1.9 billion) acquisition of […]
Arris has completed its £1.4 billion (€1.9 billion) acquisition of UK-based set-top leader Pace, combining two of the world’s three biggest pay TV consumer premises equipment providers. Arris said the deal gives it additional strength in the satellite segment and telco TV and expands its cloud, network, home and services portfolio. Arris said the acquisition […]
Arris has said its planned takeover of set-top box rival Pace could now be delayed until late December or early next year, as regulatory clearances are sought. In a statement, Arris said that it continues to believe that it will be able to obtain the necessary clearances for the deal to go through, although for […]
Arris has agreed to buy rival set-top box maker Pace for US$2.1 billion (€1.95 billion), in a major deal that will see Arris expand globally and make a push into the satellite market. The cash and stock agreement, which comes almost two years to the day after Arris completed its US$2.2 billion buyout of Motorola […]
Video and broadband technology company Arris reported strong Q3 results with chairman and CEO Bob Stanzione saying that its customers are “continuing to react positively to our Motorola Home acquisition.” “We are making good progress in delivering new products to our customers,” said Stanzione, claiming that Arris’ earnings were in line with its previously announced […]
Arris plans to spend over US$500 million (€367 million) on new product development following its acquisition of Motorola Home, CEO Bob Stanzione told DTVE at the recent IBC exhibition. According to Stanzione, Arris will focus on developing a new generation of gateway devices capable of ingesting content and processing it for onward distribution to IP-enabled […]
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