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5 months ago
BRIEF-Arris to acquire Ruckus Wireless and ICX switch business for $800 million in cash
February 22, 2017 / 9:45 PM / 5 months ago

BRIEF-Arris to acquire Ruckus Wireless and ICX switch business for $800 million in cash

1 Min Read

Feb 22 (Reuters) - Arris International Plc

* Arris to acquire Ruckus Wireless and ICX switch business for $800 million in cash

* Arris International Plc - deal for of $800 million,

* Arris International Plc - Arris expects acquisition to be accretive to its non-GAAP earnings per share in first 12 months

* Arris International Plc - transaction is contingent on Broadcom closing its acquisition of Brocade, previously announced on November 2, 2016

* Arris International Plc - deal price in addition to cost of unvested employee stock awards Source text for Eikon: Further company coverage:

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