Advanced Television

Arris acquires assets of EG Technology

September 3, 2009

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.

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