Arris Group Inc. (ARRS) has decided to acquire the privately held Digeo Inc., including its intellectual property portfolio, for a total consideration of approximately $20 million in cash. Digeo is a pure-play interactive television (iTV) that has diversified its operations into digital video recorder (DVR) and interactive program guide (IPG) market after its merger with [...]

(ARRS) Arris Group is on a Buying Spree

Arris Group Inc. (ARRS) continues to receive increasing market traction for its industry leading C4 CMTS (Cable Modem Termination System) products. Yesterday, Bresnan Communications LLC, a mid-sized cable MSO in the U.S., decided to deploy Arris’ next-generation DOCSIS 3.0 modular C4 CMTS platform in four North-western markets, Kalispell and Helena, Montana, Gillette and Casper, [...]

(ARRS) Arris Group Marching Forward with Cable Modem Termination System

Yesterday, Arris Group Inc. (ARRS) said it acquired patents and video processing technology for digital network from EG Technology Inc. Arris will take over the privately held company’s four encoding products, Encore, Quartet, VIPr Transcoder and HEMi Edge. Although financial terms of the deal were not disclosed, industry sources estimate that Arris paid $6.5 million [...]

(ARRS) Arris Fortifies Digital Video Foothold

Today there were a couple of posts about how tech stocks are currently especially attractive because they hold plenty of cash and tend to have little debt. Paul Kedrosky initially caught my eye with his post "Tech Cash is King" which in turn pointed me to a story on Bloomberg by Eric Martin. I ran a screen tonight that looked at both cash and debt. Specifically, I screened for a Price-to-Cash ratio under three, a Debt-to-Equity ratio under three and a Market Cap greater than $2.5 million. Based on these criteria, I obtained a list of 136 stocks. Judging from our list, it is absolutely true that many tech stocks do seem to have lots of cash and little debt. What also became apparent as I went through the list is that there[More...]

"Harmonic (NASDAQ: HLIT) is the largest pure play in the critical video head-end infrastructure market," says tech guru Marcie Wilmot. In Paul William's Next Inning advisory service, she looks at his top pick for 2009, with "a solid balance sheet, excellent prospects for continued[More...]