ARRIS has acquired certain assets of EG Technology, an Atlanta-based company for approximately $6.5 million. Under the terms of the agreement, Arris acquired EGT patents and video processing technology for digital networks, and will employ approximately 20-25 of the existing employees. The acquisition complements ARRIS video offerings by adding multi-functional, flexible, and scalable video processors to its portfolio of market leading voice, video and data solutions.

Other posts by :

1. Inmarsat “likely to win appeal” over Ligado/AST action
2. FCC seeks fair play over foreign satellite access
3. Bank raises RocketLab target price
4. Paramount throws kitchen sink
5. Ukraine wants its own LEO system
6. SpaceX outlines Starlink cellular delivery plan
7. NAB vs CTIA on C-band release
8. Laser terminals to operate at 100x faster
9. Starlink success in Spain, but South Africa proves difficult

Categories: Articles, Broadband, Business, Equipment, M&A