Merging the world's two largest set-top makers, Arris' $2.1 billion acquisition of Pace offers insulation from a volatile U.S. pay-TV market, as well as the unpredictable revenue streams of the disparate CPE product cycles, analysts say.
Set-top maker Arris has agreed to acquire its competitor Pace for $2.1 billion in stock and cash. The deal will provide Arris will an entry into the satellite business as well as beef up its customer base. The newly merged company will be incorporated in the U.K. but its headquarters will remain in Suwanee, Ga.
Online video provider Dailymotion, one of the strongest competitors in the user-generated content market dominated by providers like Google's YouTube and Amazon-owned live-streaming service Twitch, could be a Vivendi property soon if a takeover bid made by the media giant holds.
Nearly 10 months after it was originally proposed, AT&T's $49 billion purchase of DirecTV could be finally about to close. In a note to investors Monday, Morgan Stanley analyst Simon Flannery said the next few weeks will be "action packed" for the deal, and that its regulatory approval is "imminent.
Cisco plans to acquire Embrane, a software-defined networking startup that already has an established relationship with the manufacturer. Terms of the deal were not released.
Expressing a range of opinions about Charter Communications' just-proposed $10.4 billion purchase of Bright House Networks, media investment analysts say big mergers will not address the cable industry's preeminent threat, over-the-top distribution.
Novatel Wireless CEO Alex Mashinsky, who joined the company about one year ago, says that in order to succeed in the Internet of Things space, you have to deliver a solution to a problem better than your competition. For Novatel to succeed, it needed to acquire Feeney Wireless, a small Eugene, Ore.-based company with about 91 full-time employees.
The Wall Street community has reacted positively to Charter Communications' decision to pursue a $10.4 billion purchase of Bright House Networks, sending the MSO's stock up 5.3 percent as of the close of the Nasdaq Tuesday.
Charter Communications says its $10.4 billion purchase of Bright House Networks will help it assimilate Time Warner Cable systems acquired via the complex, three-way GreatLand Connections deal.
Charter Communications announced it plans to purchase Bright House Networks for $10.4 billion. The deal, which had been rumored in reports earlier this month, would combine the nation's sixth and fourth largest cable operators into a company that Charter said would be the second-largest cable operator in the United States.