Department of Justice Clears Arris/Motorola Home Deal
April 14, 2013
Arris Group said the U.S. Department of Justice had cleared the company's proposed $2.35 billion acquisition of Motorola Mobility's Home unit from Google.
While the acquisition of Motorola will make Arris the nation's largest supplier of set-tops, the companies do have several significant product lines that overlap, including cable modems, cable modem termination systems, edge QAMs and set-top software and user interfaces. Arris has not announced how it intends to integrate Motorola Home's products and people, or revealed what the leadership structure will look like once the deal is closed.
Department of Justice Clears Arris/Motorola Home Deal