M&A Deal Summary

ARRIS International Acquires Pace

On April 22, 2015, ARRIS International acquired technology hardware company Pace for 2.1B USD

Acquisition Highlights
  • This is ARRIS International’s 7th transaction in the Technology Hardware sector.
  • This is ARRIS International’s 2nd largest (disclosed) transaction.
  • This is ARRIS International’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2015-04-22
Target Pace
Sector Technology Hardware
Buyer(s) ARRIS International
Deal Type Add-on Acquisition
Deal Value 2.1B USD
Advisor(s) J.P. Morgan Securities (Financial)
Travers Smith (Legal)

Target

Pace

Saltaire, United Kingdom
Pace is a provider of technology solutions to the PayTV and Broadband industries. With a broad portfolio of customer premises equipment, network solutions, and software and services, Pace allows service providers to simply and cost-effectively innovate at the speed they want. Pace operates in markets across the world, with locations in the UK, USA, France, India, and China. Pace was formed in 1982 and is based in Saltaire, United Kingdom.

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Buyer(S) 1

Buyer

ARRIS International

Suwanee, Georgia, United States
Category Company
Founded 1969
Sector Technology Hardware
Employees8,700
Revenue 6.6B USD (2017)
DESCRIPTION
Entrance to ARRIS' corporate headquarters in Suwanee, Georgia.
Entrance to ARRIS' corporate headquarters in Suwanee, Georgia.

ARRIS is a global communications technology company. ARRIS is a developer, manufacturer and supplier of telephony, data, video, construction, rebuild and maintenance equipment for the broadband communications industry. In addition, the Company supplies infrastructure products used by cable system operators to buildout and maintain hybrid fiber-coaxial networks. ARRIS was formed in 1969 and is based in Suwanee, Georgia.

DEAL STATS #
Overall 10 of 11
Sector (Technology Hardware) 7 of 8
Type (Add-on Acquisition) 8 of 8
Country (United Kingdom) 1 of 1
Year (2015) 2 of 2
Size (of disclosed) 2 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-04-14 ActiveVideo Networks

San Jose, California, United States

ActiveVideo Networks, Inc. is a 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.

Buy $135M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-29 ARRIS Group - Whole Home Solution

Suwanee, Georgia, United States

ARRIS Group, Inc. - Whole Home Solution is a provider of an end-to-end, turn-key IP Video solution. WHS enables service providers to deliver feature-rich video and telephony services, multi-room advanced DVR services, Wi-Fi®, DOCSIS®, and other services.

Sell -
Mergr

Product

Company

Legal