15 August 2003 Duluth, GA -- Telecommunications technology developer Arris has completed the acquisition of the cable modem termination systems (CMTS)-related assets of COM 21, including the stock of its Irish subsidiary, for the previously announced purchase price of USD 2.8 million.
The transaction will transfer ownership of a DOCSIS 2.0-based, Layer-3 capable CMTS (the ARRIS Cadant C3) specifically suited for smaller markets to the ARRIS portfolio of next-generation, high-speed data products.
The company contends that the C3 product and its existing Cadant C4 CMTS will provide customers with complete market coverage from large concentrated urban markets to small and medium size markets.
Arris provides broadband local access networks with next-generation, high-speed data and telephony systems for the delivery of voice, video, and data to the home and business.