Juniper Networks entered into a strategic partnership with ARRIS targeting solutions for Multi-Service Operators (MSOs). The co-marketing initiative combines Juniper’s IP platforms with the ARRIS cable modem termination system (CMTS). As part of this partnering strategy, Juniper Networks also announced its intention to voluntarily discontinue its G-series CMTS product line. Consequently, Junipers plans to take a one-time charge of approximately $10-15 million comprised primarily of costs associated with workforce reduction, vacating facilities, contract termination, non-inventory asset impairment charges and other related costs.
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- In November 2001, Juniper Networks agreed to acquire Pacific Broadband Communications, a start-up developing a next generation cable modem termination system (CMTS), for approximately $200 million in stock (Nov 2001 prices). Pacific Broadband, which was based in San Jose, California, developed a carrier class CMTS supporting 32 downstream channels and 128 upstream channels, enabling cable operators to support more cable modem traffic with less bandwidth. To achieve this, Pacific Broadband had designed custom ASICs capable of using 16 QAM transmissions within 3.2 MHz segments, effectively doubling or quadrupling the upstream data throughput. Prior to the acquisition, Pacific Broadband had secured a distribution agreement in North America with Scientific Atlanta.
- In July 2003, ARRIS agreed to acquire certain cable modem termination systems (CMTS) related assets of COM 21, including the stock of its Irish subsidiary, for a purchase price of approximately $2.8 million. COM 21 had earlier filed for Chapter 11.
- ARRIS’ broadband division (Arris Interactive) was created from ANTEC’s joint venture with Nortel Networks. In August 2001, Arris Interactive and ANTEC merged to form the new ARRIS. The company has 900 employees and is based in Duluth, Georgia.
