Dallas, Texas 05/05/2014 (FINANCIALSTRENDS) – ARRIS Group, Inc.(NASDAQ:ARRS) In its latest update,proposed to be part of the Jefferies 2014 Global Technology Media as well as Telecom Conference in Florida by May 9, 2014. The presentation at the event will be made by the Chairman and CEO, Bob Stanzione.
The company continues to ride the success path with the next stage of acquisitions. The change of scene this year comes nearly a year after it took over Motorola Mobility’s Home division.
This year ARRIS Group has focused on another niche product developed by Mississauga-based SeaWellNetworks. Though, the price of the acquisition was undisclosed, it does come to bear that this company has always made strategic changes on low-profile change of scenarios.
ARRIS Group, Inc.(NASDAQ:ARRS) had acquired SeaWellNetworks on April 18.2014 as it was keen on adopting the adaptive bit rate – ABR- streaming technologies and the captive skill set the company owned by way of its Network as well as Cloud solutions division.
Diversified video IP portfolio
ARRIS Group, Inc.(NASDAQ:ARRS) therefore, now has a diverse portfolio- which include IP Video, as well a multiscreen besides ad insertion solutions.
The features which ARRS now offers is indicative of its capability of entering the next level of TV viewing as well as advertising segments.
It will also look at IP video enhancing besides new levels of interactivity as well as customized viewing experience.
The USP for ARRIS is the video distribution streamline which will allow devices to minimize cost as well as complexity by multiple IP platforms for streaming as well as use of multiple device types.
Earlier with the acquisition of the Motorola Mobility’s set-top box business, the company could only look at building and sending out signals of strength in this segment to peers. The force with which the company has been able to match success with quite acquisitions holds great promise for investors!