ARRIS, Charter Acquire ActiveVideo® Through New Joint Venture
ARRIS Group Inc. (NASDAQ: ARRS) (ARRIS) and Charter Communications, Inc. (NASDAQ: CHTR) (Charter) 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 … Read more