Latest News

ARRIS, Charter Complete Acquisition of ActiveVideo®
Fri, 01 May 2015 17:31:45 GMT
SUWANEE, Ga. and STAMFORD, Conn., May 1, 2015 /PRNewswire/ -- ARRIS Group Inc. (NASDAQ: ARRS) (ARRIS) and Charter Communications, Inc. (NASDAQ: CHTR) (Charter) announced today that they have completed the acquisition of ActiveVideo® in a transaction valued at approximately $135 million.  With the transaction complete, ARRIS now owns 65% of the joint venture company formed by ARRIS and Charter for the acquisition. ActiveVideo will operate independently of ARRIS and Charter, with ARRIS serving as the sales channel for ActiveVideo's CloudTV™ platform outside of sales to Charter. ActiveVideo is the developer of CloudTV, a cloud-based software platform enabling service providers, content aggr...

ARRIS Announces Preliminary And Unaudited First Quarter 2015 Results
Wed, 29 Apr 2015 20:01:53 GMT
SUWANEE, Ga., April 29, 2015 /PRNewswire/ -- ARRIS Group, Inc. (NASDAQ: ARRS) today announced preliminary and unaudited financial results for the first quarter 2015. First Quarter 2015 Financial Highlights Revenues were $1,215.2 million Adjusted net income (a non-GAAP measure) was $0.44 per diluted share GAAP net income was $0.13 per diluted share End-of-quarter cash resources were $631.6 million Order backlog was $725.7 million Book-to-bill ratio was 1.08 Repurchased approximately 871 thousand shares for $25 million "We are off to a good start in 2015.  Our first quarter came in line with our expectations, and we are executing on key elements of our strategy. Notabl...

ARRIS and Akamai Technologies Partner to Advance IP Video Delivery
Wed, 29 Apr 2015 06:58:15 GMT
LONDON, April 29, 2015 /PRNewswire/ -- ARRIS Group, Inc. (NASDAQ: ARRS) today announced that it will offer Akamai Technologies' Aura Licensed Content Delivery Network (LCDN) as part of its end-to-end IP video portfolio. ARRIS will integrate Akamai's LCDN and Aura Object Store into its leading IP video solutions—such as the ARRIS M3 Media Server, Spectrum CPC, and nDVR—to give operators a variety of choices for streamlining, managing, and scaling digital content delivery. It will also support operators as they adopt multiscreen and mobile delivery platforms. The future of entertainment reflects changing consumer behaviors, which emphasize personalized content delivered to growing numb...

ARRIS to Acquire Pace plc for $2.1 Billion in Stock and Cash
Wed, 22 Apr 2015 20:30:22 GMT
Acquisition is expected to generate significant earnings accretion for ARRIS SUWANEE, Ga. and SALTAIRE, UK, April 22, 2015 /PRNewswire/ -- ARRIS Group, Inc. (NASDAQ: ARRS), a global innovator in broadband media technology, and Pace plc. (LSE: PIC) today jointly announced that they have agreed that ARRIS will acquire Pace for aggregate stock and cash consideration of US$2.1 billion (£1.4 billion). The acquisition is expected to be accretive to ARRIS Non-GAAP earnings per share in the first 12 months following the acquisition. Key benefits of the transaction:                              Accelerates growth strategy ~US$8B Pro forma revenues                                 ~8,5...

ARRIS Announces First Quarter 2015 Earnings Release Date And Teleconference Details
Tue, 14 Apr 2015 14:30:13 GMT
SUWANEE, Ga., April 14, 2015 /PRNewswire/ -- ARRIS Group, Inc. (NASDAQ: ARRS), a global leader in entertainment and communications solutions, today announced that they will release first quarter 2015 financial results after the market close on Wednesday, April 29, 2015.  ARRIS management will also conduct a conference call at 5:00 p.m. EDT on the same day to discuss these results.  You may participate in the ARRIS conference call on Wednesday, April 29, 2015 by dialing (888) 680-0869 or (617) 213-4854, pass code 78388669 prior to 5:00 p.m. EDT.  ARRIS will not accept any calls after earnings are released on April 29 until after the completion of the scheduled conference call. There will be a...

ARRIS, Charter Acquire ActiveVideo® Through New Joint Venture
Tue, 14 Apr 2015 11:01:06 GMT
SUWANEE, Ga. and STAMFORD, Conn., April 14, 2015 /PRNewswire/ -- ARRIS Group Inc. (NASDAQ: ARRS) (ARRIS) and Charter Communications, Inc. (NASDAQ: CHTR) (Charter) announced today that they established a joint venture that has agreed to acquire ActiveVideo® for approximately $135 million. ARRIS will own 65% of the joint venture company and will be the sales channel for ActiveVideo's CloudTV platform. Closing of the transaction is expected to occur in the second quarter, subject to customary closing conditions, including receipt of necessary regulatory approvals. ActiveVideo is the developer of CloudTV™, the only cloud-based software platform enabling service providers, content aggregators,...

ARRIS and Conax to Demo DASH Repackaging and Multi-DRM Encryption at NAB
Fri, 10 Apr 2015 13:30:16 GMT
Conax will host a joint demonstration of ARRIS Spectrum SDC software and Conax multi-DRM in delivering next generation IP video SUWANEE, Ga., April 10, 2015 /PRNewswire/ -- ARRIS Group Inc. (NASDAQ: ARRS) and Conax today announced they will be demonstrating the joint capabilities of ARRIS's DASH repackaging and Conax's multi-DRM encryption at the annual NAB Show on April 13-16 in Las Vegas. The demo will highlight a successful IP video delivery implementation for one of ARRIS's principal customers in the Caribbean using ARRIS's Spectrum SDC software. It features a collaboration with UXP Systems,and Conax—a leader in total service protection for digital TV and entertainment services—an...