SUWANEE, Ga. and REDWOOD CITY, Calif. – Cable and telecom gear maker ARRIS Group announced this week it will buy BigBand Networks for $172 million. This acquisition “further extends ARRIS' capabilities in the processing, management and distribution of digital video content and represents an important acquisition of innovative technologies and significant R&D investments that are expected to accelerate time-to-market and increase opportunities for ARRIS in several fast growing product areas,” reads the press release. “These include the Converged Cable Access Platform (CCAP) architecture defined by CableLabs, Local and Targeted Advertising, IP Video Distribution, and Advanced Video Processing and Compression. BigBand's...
