ARRIS International announces to acquire Ruckus Wireless and ICX Switch business from Broadcom Limited, the new combination poised for next stage of growth in networking
ARRIS International announces to acquire Ruckus Wireless and ICX Switch business from Broadcom Limited. The strategic acquisition deal is sought to build ARRIS leadership in networking and entertainment for service providers and help expand into new enterprise and vertical markets.
Previous COO of Ruckus Wireless, Dan Rabinovitsj will lead a new ARRIS Enterprise Networks business segment.
The deal strategically positions the companies’ combined technology assets to enable next-generation wireless and wired networks.
The Ruckus target vertical markets span hospitality, education, government, service providers, multi-dwelling / tenant units, sports / entertainment venues, and transportation centers.
Additionally, Ruckus’ trailblazing leadership in the small-cell CBRS LTE market represents an opportunity to deploy converged Wi-Fi and LTE using common cloud-based control and management capabilities.
Ruckus Networks, an ARRIS company, will operate as a dedicated business under Enterprise Networks. The business will focus on the delivery of innovative, high-performance wireless and wired network infrastructure, with a robust channel-led sales strategy.
“This combination underscores our shared vision of achieving market leadership across wireless and wired networks in close partnership with our valued customers and channel partners,” said Dan Rabinovitsj, President of ARRIS Enterprise Networks. “We’re very excited about the collaboration opportunities across our product portfolios to enable connectivity from the office to the home and to all the places in between. Joining ARRIS means we still do what Ruckus does best, but on a larger, global scale. I’m excited to lead the Ruckus Networks team into our next stage of growth and innovation.”
“I’m proud to welcome the 1,700 talented Ruckus Wireless and ICX Switch Business employees into the ARRIS family,” said Bruce McClelland, ARRIS CEO. “It’s an important milestone, not only for ARRIS but for our industries. Ruckus’ unmatched expertise in wireless and wired networking perfectly complements our growth strategy of driving towards a constantly connected, mobile future. The acquisition brings diversification to our portfolio, building on our strength in networking and helping us to serve new verticals. Ultimately, our combined portfolios and scale will help our customers and partners deliver a smart, simple connected world for billions of people.”
ARRIS management will conduct a conference call at 8:00 am ET, Thursday, December 14, 2017, to provide an update on Ruckus Networks.