Espial to Acquire Arris TV Software Platform
OTTAWA -- Transforming the viewing experience worldwide, Espial today announced an agreement to acquire ARRIS’s Whole Home Solution (WHS) platform.
The transaction will include:
Espial will support current – and look to accelerate future – roadmaps for more than 40 WHS service provider customers spanning the US, Canada, and Latin America.
Terms and conditions of the pending acquisition were not disclosed. The transaction, which is subject to customary closing conditions, is expected to close in Q3, 2016.
Following this transition, ARRIS will continue to partner with Espial to support WHS with joint integration and co-marketing activities. The two companies also intend to establish a reseller agreement. Espial and ARRIS have a long history of successfully working together, with their most recent collaboration – for Portugal’s NOS – marking Europe’s first RDK 4K commercial launch earlier this month
Espial Group Inc. and Arris Group Inc. (Nasdaq: ARRS)