I recently touched base with my contacts over at Arris and asked what was up with the acquisition of Tandberg Television.
Jim Bauer, ARRIS VP Investor Relations said, "As discussed in our press release of March 8th, ARRIS has decided not to extend or increase its offer for the shares of Tandberg Television. However, we will continue to look for opportunities to grow our business through internal developments, partnering with other technology leaders or through acquisitions. In the meantime, our core businesses remain very strong."
If you are interested in meaning more about the company you may want to check out the following releases:
- ARRIS Announces Opening of Major Research & Development Center in Shenzhen, China
- ARRIS Will Not Extend or Increase Offer for Tandberg Television
- ARRIS to Showcase Wideband Data, Next Generation Voice and Advanced Video Solutions at CCBN Show in Beijing
- ARRIS Announces Strategic Cadant® C4® CMTS VoIP Deployment at Japanese MSO KATCH Networks Inc.
Also check out this related article: IPTV faces vertical integration.
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