Google sells Motorola Home to Arris for $2.35bn

Google sells Motorola Home to Arris for $2.35bn


Google sells Motorola Home to Arris for $2.35bn
British set-top box maker Pace had been a frontrunner to buy division but indicates Google demanded too high a price

Google has disappointed the British set-top box maker Pace by selling its profitable Motorola Home business to Arris Group in a $2.35bn cash-and-stock deal.

Google sells Motorola Home to Arris for $2.35bn
Pace had been a frontrunner with Arris to buy the division, which Google is selling after acquiring the larger Motorola Mobility (MMI) mobile handset and set-top box business for $12.5bn in August.

Google sells Motorola Home to Arris for $2.35bn

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