Thursday, December 20, 2012

Investopedia: Google Transforms ARRIS

It's not often that a company buys its way into becoming three times bigger overnight, but that's basically what ARRIS (Nasdaq:ARRS) has done by becoming the winning bidder in Google's (Nasdaq:GOOG) sale of the Motorola Home business. While it's a bold and transformative deal for ARRIS, the ultimate value to Google is still to be determined.

The Deal
It was no great surprise that Google sold the Motorola Home business. When Google bought Motorola, it did so for the company's patents and its smartphone business (likely in that order). Motorola's set-top box and cable TV equipment business was never of all that much interest to Google, though it was valuable enough not to just be shut down.

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