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Last $30.16 USD
Change Today +0.16 / 0.53%
Volume 1.3M
ARRS On Other Exchanges
As of 5:20 PM 04/21/15 All times are local (Market data is delayed by at least 15 minutes).

arris group inc (ARRS) Snapshot

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52 Week High
07/31/14 - $35.83
52 Week Low
10/15/14 - $23.71
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Current Stock Chart for ARRIS GROUP INC (ARRS)

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arris group inc (ARRS) Details

ARRIS Group, Inc. provides media entertainment and data communications solutions in the United States and internationally. The company operates in two segments, Customer Premises Equipment and Network & Cloud. The Customer Premises Equipment segment offers various product solutions, including set-top boxes, gateways, digital subscriber lines and cable modems, and embedded multimedia terminal adapters and voice/data modems that enable service providers to offer voice, video, and high-speed data services to residential and business subscribers. The Network & Cloud segment provides hybrid fiber coax equipment, edge routers, metro Wi-Fi, video management, storage, and distribution equipment for cable providers; and fiber-based and copper-based broadband transmission equipment for telecommunication providers. This segment also offers video headend management system for legacy moving picture experts group (MPEG)/digital video broadcasting (DVB) systems, as well as full Internet protocol video systems; support for multi-screen video management, protection, monetization, and delivery; and various products for performance management, configuration, and surveillance. ARRIS Group, Inc. was founded in 1969 and is headquartered in Suwanee, Georgia.

6,660 Employees
Last Reported Date: 02/27/15
Founded in 1969

arris group inc (ARRS) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $968.8K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $517.5K
President of Network & Cloud
Total Annual Compensation: $475.0K
President of Customer Premises Equipment
Total Annual Compensation: $475.0K
President of Worldwide Sales
Total Annual Compensation: $377.2K
Compensation as of Fiscal Year 2014.

arris group inc (ARRS) Key Developments

ARRIS Group Inc. and Charter Communications Establish a Joint Venture to Acquire ActiveVideo®

ARRIS Group Inc. and Charter Communications announced 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 expected to occur in the second quarter, subject to customary closing conditions, including receipt of necessary regulatory approvals. ActiveVideo is the developer of CloudTV™, the only cloud-based software platform enabling service providers, content aggregators, and consumer electronic (CE) manufacturers to rapidly deploy new services by virtualizing consumer premises equipment (CPE) functions in the cloud. CloudTV enables the delivery of next-gen user interfaces, online content, and interactive advertising for TV to millions of set-tops and connected devices. ActiveVideo's CloudTV platform and proven intellectual property (39 issued patents and 64 pending) will complement ARRIS's cloud portfolio. ARRIS's service provider relationships, global reach and installed base of CPE are expected to accelerate adoption of ActiveVideo's technology. ActiveVideo's platform powers Charter's new fully featured, cloud-based Spectrum Guide. Charter expects to launch Spectrum Guide on Worldbox, as well as on legacy boxes currently deployed within the Charter footprint. Jeff Miller will continue to lead ActiveVideo as CEO.

ARRIS Group Inc Announces the Appointment of Patrick Macken as Senior Vice President and General Counsel

ARRIS Group Inc. announced the appointment of Patrick Macken as senior vice president and general counsel. In this role, Macken will oversee all aspects of the company's global legal function and will report to ARRIS Chairman and CEO Bob Stanzione. Macken will be based at ARRIS's headquarters in Suwanee, Georgia. Macken has provided legal counsel and support to ARRIS for more than 10 years as outside counsel at Troutman Sanders LLP, where he most recently served as a partner in the firm's Corporate Group. His expertise encompasses legal issues focused on securities laws, mergers and acquisitions, capital markets and corporate governance.

ARRIS Group, Inc. Presents at 2nd Annual Media, Finance and Investor Conference, Apr-13-2015 05:15 PM

ARRIS Group, Inc. Presents at 2nd Annual Media, Finance and Investor Conference, Apr-13-2015 05:15 PM. Venue: Wynn Hotel, Las Vegas, Nevada, United States. Speakers: Kevin Wirick, VP Product Management.


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Valuation ARRS Industry Range
Price/Earnings 13.6x
Price/Sales 0.8x
Price/Book 2.6x
Price/Cash Flow 7.7x
TEV/Sales 0.4x

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