Arris, Charter Complete $135 Million ActiveVideo Buy
Arris and Charter Communications completed their $135 million acquisition of ActiveVideo, the companies said in a Friday news release. Arris now owns 65 percent of the joint venture company that Arris and Charter formed to set up the acquisition, they…
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said. ActiveVideo is the developer of CloudTV, a cloud-based software platform enabling service providers, content creators and CE makers “to rapidly deploy new services by virtualizing consumer premises equipment functions in the cloud,” the companies said.