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Arris Group Buying Broadband Network Solutions Provider C-COR For $730 million

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Communications tech firm Arris Group is buying broadband/cable technology provider C-COR for about $730 million in cash and stock. The two companies collectively reported revenues of over $1.2 billionin the last twelve months, and the merged company will be the largest pure-play provider of equipment and solutions to the cable industry, the two said. More details in release here.

Sep 23, 2007 10:16 PM ET

Posted In: Media & Publishing, TV, Cable & Telecom, Technologies / Formats, Broadband

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