Arris, C-Cor shareholders put stamp of approval on deal
Arris and C-Cor expect the $730 million cash and stock transaction to close later today. The combined entities will create a company with more than $1.2 billion in sales within the past 12 months.
C-Cor – based in State College, Pa. – sells broadband access platforms for cable, as well as operations support systems and VOD systems. Earlier this year, C-Cor and the Comcast Media Center rolled out “VOD in a Box” for smaller operators. At this year’s SCTE Cable-Tec Expo, C-Cor demonstrated a combined solution for switched digital video (SDV) with Harmonic that used C-Cor’s nABLE Session and Resource Manager.