It appears you have not yet registered with our community. To register please click here...

 
Go Back [M] > Madshrimps > WebNews
Google sells Motorola Home cable and internet box business to Arris for $2.35 billion Google sells Motorola Home cable and internet box business to Arris for $2.35 billion
FAQ Members List Calendar Search Today's Posts Mark Forums Read


Google sells Motorola Home cable and internet box business to Arris for $2.35 billion
Reply
 
Thread Tools
Old 20th December 2012, 10:10   #1
[M] Reviewer
 
Stefan Mileschin's Avatar
 
Join Date: May 2010
Location: Romania
Posts: 148,578
Stefan Mileschin Freshly Registered
Default Google sells Motorola Home cable and internet box business to Arris for $2.35 billion

Ever since Google announced it would acquire Motorola Mobility last year there have been questions about what it would do with the company's large internet and TV set-top box business, and now that question has been answered: it's selling Motorola Home to Arris for $2.35 billion in cash and stock. Another maker of cable boxes and modems, Arris says the acquisition will both increase its product offering, and increase its patent portfolio thanks to a license to "a wide array" of Motorola Mobility patents. The transaction has been approved by the boards of both companies, and they expect the deal to close in Q2 2013.

The potential of slipping Android / Google TV into the cable box business through the back door was a tantalizing, but unfortunately probably not a dream shared by the operators that are Motorola's customers. Naturally, Google will be hanging onto the mobile device business and related patent library that spurred the $12.5 billion acquisition in the first place, but will own about 15.7 percent of Arris. We'll be hopping on a conference call to find out any more details in a moment, check out the press release after the break. Now, who holds the rights to that Motorola home automation tablet?

Update: Listening to the call, Arris explains one of its reasons for the move is that until now, two (unnamed) customers comprised half of its business, but afterwards, five customers will make up half of its business. Also important is an included "low" cap that limits Arris' liability in the case of IP damages from lawsuits like the one currently ongoing with TiVo.

http://www.engadget.com/2012/12/19/g...la-home-arris/
Stefan Mileschin is offline   Reply With Quote
Reply


Similar Threads
Thread Thread Starter Forum Replies Last Post
New ECS B75 Series PC Motherboards are Perfect for Home and Business Stefan Mileschin WebNews 0 24th July 2012 06:41
China clears Google acquisition of Motorola Stefan Mileschin WebNews 0 21st May 2012 08:25
Motorola HS1101 and MBP2000PU Android Home Phones get examined, detailed by the FCC Stefan Mileschin WebNews 0 4th April 2012 07:09
Google Gets EU Approval To Buy Motorola Stefan Mileschin WebNews 0 14th February 2012 07:05
Google Reportedly Looking to Get into the Cable TV Business Stefan Mileschin WebNews 0 7th November 2011 07:04
Motorola RAZR open for unlocked bootloader business, if the carrier says so Stefan Mileschin WebNews 0 25th October 2011 07:06
AMD sheds weight, sells DTV business to Broadcom jmke WebNews 0 25th August 2008 16:01
home-made round IDE cable howto jmke WebNews 3 25th September 2004 16:22

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


All times are GMT +1. The time now is 08:54.


Powered by vBulletin® - Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Content Relevant URLs by vBSEO