Arris Group

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ARRIS
Type Public
Traded as NASDAQARRS
Industry Telecommunications
Founded 1995
Headquarters Suwanee, Georgia, USA
Key people Robert J. Stanzione, CEO
Revenue Increase$1,088.69 Million USD (2011)
Operating income Decrease$14.63 Million USD (2011)
Net income Decrease$17.66 Million USD (2011)
Total assets $1.36 Billion USD (2011)
Total equity $916.21 Million USD (2011)
Employees 2,211 (DEC '11)
Website www.arrisi.com

ARRIS Group Inc. is a telecommunications equipment manufacturing company that provides cable operators with high-speed data, video and telephony systems for homes and businesses. The company is headquartered in Suwanee, Georgia, USA, and has design, engineering, manufacturing, distribution, service and sales office locations throughout the world.

Two of the company's popular home telephony modems are the TM402P and the TM502G.[1] The firm also produces the SBG6782-AC wireless cable modem-and-router (residential gateway) unit, among other telecommunications and data-transfer products.

Acquisitions[edit]

ARRIS purchased C-COR in late 2007.

On September 1, 2009, ARRIS acquired certain assets of EG Technology, Inc., (EGT), an Atlanta-based company.[2] That same month, ARRIS purchased the assets of Digeo, Inc. (including Moxi), for approximately $20 million.[3]

On October 11, 2011, ARRIS acquired BigBand Networks, for $172 million, or $53 million net of the estimated cash on hand at BigBand.[4]

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.[5][6] The acquisition was completed on April 17, 2013.[7]

Sponsorship[edit]

On August 19, 2014, ARRIS announced a sponsorship of NASCAR driver Carl Edwards, who will drive the number 19 Toyota Camry in the Sprint Cup Series for Joe Gibbs Racing in 2015.[8]

References[edit]

External links[edit]