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Technology Stocks : Arris International PLC (ARRS)
ARRS 31.660.0%Apr 4 5:00 PM EST
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From: Sr K4/14/2015 10:17:10 AM
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from briefing.com

7:02 am Arris and Charter Communications ( CHTR) announce acquisition of ActiveVideo for ~$135 mln ( ARRS) : ARRIS Group and Charter Communications (CHTR) announced today that they established a joint venture that has agreed to acquire ActiveVideo for approximately $135 million. ARRIS will own 65% of the joint venture company and will be the sales channel for ActiveVideo's CloudTV platform. Closing of the transaction is expected to occur in the second quarter
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