iBet uBet web content aggregator. Adding the entire web to your favor.
iBet uBet web content aggregator. Adding the entire web to your favor.



Link to original content: http://en.wikipedia.org/wiki/Arris_Group
Arris International - Wikipedia Jump to content

Arris International

From Wikipedia, the free encyclopedia
(Redirected from Arris Group)
Arris International Limited
Product typeTelecommunications
OwnerCommScope
Introduced1995; 29 years ago (1995)

Arris International Limited (styled as ARRIS) is an American telecommunications equipment company engaged in data, video and telephony systems for homes and businesses.[1] On April 4, 2019, Arris was acquired by network infrastructure provider CommScope.[2][3][4]

History

[edit]

Originally named Arris Interactive, the company was founded in 1995 in England and Wales as a joint venture between Nortel Networks and Antec Corp. (founded by Anixter in 1991)[5][6] Bob Stanzione was the founding president and CEO.[7] Bruce McClelland took over as CEO on September 1, 2016, with Stanzione becoming executive chairman.[6] In 2001, after Antec bought out Nortel's share, the company was renamed Arris Inc, with its executive offices in Suwanee, Georgia, United States.[8]

On November 8, 2018, CommScope announced an agreement to acquire Arris for $7.4 billion. The transaction was completed on April 4, 2019.[3][9] In the transaction, CommScope also acquired Ruckus Networks and ICX Switch, two companies Arris had recently acquired from Broadcom, with Arris and Ruckus becoming brands of CommScope.[10] Former Arris CEO Bruce McClelland assumed the role of CommScope chief operating officer.[3]

Products

[edit]

Two of the company's home telephony modems are the TM402P and the TM502G.[11] The firm also produces the SBG6580 wireless cable modem-and-router (residential gateway) unit, among other telecommunications and data-transfer products.[citation needed]

Acquisitions

[edit]

In November 2001, Arris announced that it would acquire the assets of Cadant Inc., a Naperville, Illinois-based privately held designer and manufacturer of cable modem termination systems.[12] The acquisition was completed on January 31, 2002.[13]

On September 23, 2007, Arris purchased C-COR.[14]

On September 1, 2009, Arris acquired certain assets of EG Technology, Inc., (EGT), an Atlanta-based company.[15] That same month, Arris purchased the assets of Digeo, Inc. (including Moxi), for approximately $20 million.[16]

On October 11, 2011, Arris acquired BigBand Networks, for $172 million, or $53 million net of the estimated cash on hand at BigBand.[17]

On December 19, 2012, Arris announced that it would acquire Motorola Mobility's home unit (the former General Instrument company) from Google for $2.35 billion in cash and stock.[18][19] The acquisition was completed on April 17, 2013.[20] With that acquisition, Arris grew its presence in the set-top box market.[21]

On April 22, 2015, Arris Group agreed to acquire set-top box manufacturer Pace plc of the United Kingdom, and completed the acquisition on January 4, 2016, in a stock-and-cash deal that valued Pace at £1.4 billion ($2.1 billion). The resultant combined group was incorporated in the United Kingdom, but operationally managed from Arris's location in Suwanee, Georgia, United States. Pace shareholders owned 24% of the combined company, and Arris shareholders 76%. Also noteworthy, since Pace had previously acquired Aurora Networks, Arris ended up with those assets as well.[22][23]

On February 22, 2017, Arris Group announced an agreement to acquire the Ruckus Wireless unit from Broadcom Inc. for $800 million.[24][25]

Sponsorships

[edit]
Daniel Suárez, in the No. 19 stock car sponsored by Arris Group, won the 2016 NASCAR Xfinity Series Championship.

On August 19, 2014, Arris announced a sponsorship of NASCAR driver Carl Edwards. Edwards drove the No. 19 Toyota Camry in the Sprint Cup Series for Joe Gibbs Racing, while Daniel Suárez drove the Arris No. 18 in the NASCAR Xfinity Series, from 2015 to 2016 until Edwards left the sport in January 2017.[26] Starting with the 2017 Daytona 500, Suárez replaced Edwards in the Arris-sponsored No. 19 Camry for Joe Gibbs Racing.

In 2019, Arris followed Suárez to Stewart-Haas Racing to sponsor the No. 41 Ford Mustang GT.[27]

In 2019, Arris announced a sponsorship of the Philadelphia Fusion, an e-sports team playing in the Overwatch League.[28]

References

[edit]
  1. ^ September 30, 2018 Form 10-Q filed with the SEC)
  2. ^ "CommScope Set to Shape Communications Connectivity and Networks of the Future with Completion of ARRIS Acquisition". CommScope. 4 April 2019. Retrieved 6 April 2019.
  3. ^ a b c Frankel, Daniel (4 April 2019). "CommScope Closes $7.4B Arris Purchase". Next TV. Retrieved 3 December 2020.
  4. ^ Freesat website
  5. ^ "ARRIS Group, Inc. | Encyclopedia.com". www.encyclopedia.com. Retrieved 2023-12-14.
  6. ^ a b "ARRIS International promotes McClelland to CEO". Atlanta Business Chronicle. 24 August 2016. Retrieved 3 December 2020.
  7. ^ "Robert J. Stanzione | 2016 Cable Hall of Fame Honoree". Syndeo Institute At The Cable Center. Retrieved 2024-10-28.
  8. ^ Jordan, Meredith (17 June 2002). "Nortel to sell $150 million in Arris stock". Atlanta Business Chronicle. Retrieved 3 December 2020.
  9. ^ Haranas, Mark (4 April 2019). "CommScope Completes 'Once- In-A-Lifetime' Arris-Ruckus Acquisition". CRN. Retrieved 3 December 2020.
  10. ^ Hill, Kelly (9 December 2019). "After Arris acquisition, CommScope realigns business segments". RCR Wireless. Retrieved 3 December 2020.
  11. ^ ARRIS TM402P FAQ Videotron VoIP cable English - dslreports.com Archived October 24, 2016, at the Wayback Machine
  12. ^ ARRIS to acquire Cadant Inc. Archived May 18, 2015, at the Wayback Machine
  13. ^ "ARRIS to acquire Cadant Inc". Atlanta Business Chronicle. 28 November 2001. Retrieved 2024-10-28.
  14. ^ Inc., ARRIS Group. "ARRIS Announces Acquisition of C-COR in Cash and Stock Transaction". www.prnewswire.com. Retrieved 2016-04-04. {{cite web}}: |last= has generic name (help)
  15. ^ "ARRIS Acquires Assets of EG Technology Inc". Archived from the original on 2015-09-23. Retrieved 2015-06-29.
  16. ^ "ARRIS Purchases Digeo, Inc. in Cash Transaction". Archived from the original on 2015-09-23. Retrieved 2015-06-29.
  17. ^ Arris Group to buy BigBand Networks for $172M Archived 2015-02-26 at the Wayback Machine
  18. ^ ARRIS Group, Inc. (December 19, 2012). "ARRIS To Acquire Motorola Home Business For $2.35 Billion In Cash And Stock" (Press release). Thomson Reuters.
  19. ^ Stynes, Tess (2012-12-20). "Google Sells Cable-Box Unit for $2.35 Billion". The Wall Street Journal. p. B2. ISSN 0099-9660. Retrieved 2019-05-20.
  20. ^ "ARRIS Acquires Motorola Home: Creates Premier Video Delivery and Broadband Technology Company Powerful Combination Transforms Industry, Accelerates Innovation" (Press release). April 17, 2013.[permanent dead link]
  21. ^ Baumgartner, Jeff (14 Jan 2015). "Arris Not Boxed Out Of 'Worldbox' Opportunity". MultiChannel.com. Retrieved 25 Jan 2015.
  22. ^ "Pace bought by US-based Arris for £1.4bn". BBC News. 22 April 2015. Retrieved 22 April 2015.
  23. ^ "ARRIS Completes Pace Acquisition: Combined companies to transform video and broadband delivery through broadened portfolio, global footprint, and customer base". Arris official website (press release). Arris. 4 January 2016. Archived from the original on 23 January 2016. Retrieved 2 November 2016.
  24. ^ "Arris slaps down US$800m to buy Brocade's wireless bits". The Register. 23 February 2017. Retrieved 28 February 2017.
  25. ^ "ARRIS to Acquire Ruckus Wireless and ICX Switch Business for $800 Million in Cash". Arris official website (press release). Arris. 22 February 2017. Archived from the original on June 6, 2017. Retrieved 28 February 2017.
  26. ^ Bruce, Kenny (August 19, 2014). "Carl Edwards to join Joe Gibbs Racing in 2015: Driver will run fourth car for Joe Gibbs Racing starting in 2015; Suarez becomes full-time NNS driver for organization". NASCAR.com. NASCAR Digital Media, LLC. Retrieved August 20, 2014.
  27. ^ "Daniel Suárez Joins Stewart-Haas Racing". Stewart-Haas Racing. January 7, 2019. Retrieved January 9, 2019.
  28. ^ "ARRIS Joins Esports, Sponsors the Philadelphia Fusion | ARRIS Everywhere". Arris.com. Retrieved 2019-02-16.
[edit]
  • Official website (formerly https://www.arris.com, now redirects to https://www.commscope.com/)
  • Business data for ARRIS International plc:
Retrieved from "https://en.wikipedia.org/w/index.php?title=Arris_International&oldid=1253913813"