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ARRS Arris International Plc - Ordinary Shares

31.645
0.00 (0.00%)
02 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Arris International Plc - Ordinary Shares NASDAQ:ARRS NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 31.645 20.15 31.75 0 01:00:00

ARRIS Statement Re: Ruckus Acquisition, Following Broadcom's CFIUS Refiling

03/10/2017 2:12pm

PR Newswire (US)


ARRIS International plc (NASDAQ:ARRS)
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SUWANEE, Ga., Oct. 3, 2017 /PRNewswire/ -- As previously announced, ARRIS's agreement to acquire Brocade's Ruckus Wireless and ICX Switch business from Broadcom is contingent on Broadcom closing its acquisition of Brocade. The refiling of Broadcom's notice with CFIUS delays the closure of ARRIS's deal, but ARRIS remains committed to our acquisition and associated strategy.

By adding Ruckus, ARRIS will enhance its portfolio of networking technologies to enable constant connectivity in every environment, whether in or outside the home, in commercial verticals or small enterprises. This is an important milestone because our vision of a smart, simple connected world is one step closer.

View original content:http://www.prnewswire.com/news-releases/arris-statement-re-ruckus-acquisition-following-broadcoms-cfius-refiling-300529891.html

SOURCE ARRIS

Copyright 2017 PR Newswire

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