Arris expects to close the acquisition of the Motorola Home business on or about April 17, 2013.
Arris has said that the US Department of Justice has cleared Arris’ proposed acquisition from a subsidiary of Google. As a result, all required regulatory approvals have been received, or the applicable waiting periods have expired.
Last December Motorola Home was be sold to Arris in a $2.35 billion (€1.92 billion) deal. The share transaction – the purchase of 100% of General Instrument stock held by current owners Google – includes around 2,000 granted and pending patents.
