ARRIS and C-COR have entered into a definitive agreement whereby ARRIS will acquire C-COR for $730 million. The purchase price is to be paid in a mix of cash and ARRIS stock. With 250 customers around the world and combined collected revenues of more than $1.2 billion in the last year, the merged companies will become the largest pure-play provider of equipment and technical solutions in the cable industry, according to a statement released by ARRIS.

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