Scientific-Atlanta acquires assets from Arris

Scientific-Atlanta has reached a definitive agreement to acquire some of the assets of the Network Technologies business of Arris Interactive for $37.5 million.

Scientific-Atlanta announced today that it has reached a definitive agreement to acquire some of the assets of the Network Technologies business of Arris Interactive for $37.5 million, subject to adjustments.

The assets to be acquired include analogue optics, nodes and RF products.

Scientific-Atlanta is a supplier of digital content distribution systems, transmission networks for broadband access to the home, digital interactive set-tops and subscriber systems designed for video, high-speed Internet and voice over IP (VoIP) networks, and worldwide customer service and support.

The company expects to close the transaction by the end of the calendar year.