Thursday, December 13, 2007

ARRIS Completes C-COR Acquisition

ARRIS completed its acquisition of C-COR. The deal combines two leading suppliers of networking equipment for cable operators. The companies said their combination:

  • Creates a leading broadband solutions company with combined sales of over $1.2 billion over the past twelve months

  • Enhances ARRIS financial profile with improved margins

  • Expands the ARRIS product portfolio and addressable market

  • Diversifies revenue across core customer relationships and enables deeper participation in network infrastructure capacity spending

  • Creates a global, technologically diverse team with a broader and stronger platform from which to drive portfolio expansion.

C-COR's product line includes a converged Headend/Hub Platform, optical nodes, and RF amplifiers; On Demand media systems (VOD) and Digital Advertising Systems; and Operations Support Systems for workforce management, service assurance, network optimization and health, and subscriber fulfillment. The company is a leading supplier of 1GHz transmission equipment. C-COR's HFC equipment products are deployed with leading operators around the world, including UPC, ONO, Virgin Media, Bright House, Cablevision, Charter, Comcast, Cox, Mediacom, Insight, and Time Warner Cable. The company's corporate headquarters are in State College, Pennsylvania.

ARRIS' product line includes cable telephony solutions; high-speed data network solutions for cable Internet applications; subscriber premise products that are DOCSIS 2.0 and Euro-DOCSIS 2.0-certified; and HFC infrastructure communications and networking equipment. The company is based in Atlanta and has R&D centers in Atlanta, Chicago, Cork, Ireland and Shenzhen, China.