Arris Bids $1.2 Billion For Norway's Tandberg TV; Observers Are Skeptical


U.S. broadband tech company Arris agreed to buy Norwegian digital broadcast systems maker Tandberg Television for $1.2 billion, but Reuters is reporting speculation of a possible rival bid. ABG Sundal Collier analyst Paul Handeland told Reuters potential suitors include Motorola, Ericsson, Cisco, and Alcatel-Lucent. The cash-and-stock takeover would combine Suwanee, Ga.-based Arris

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