After more than 40 years of operation, DTVE is closing its doors and our website will no longer be updated daily. Thank you for all of your support.
Arris-Pace acquisition gets Portuguese clearance
Arris’ planned acquisition of set-top box rival Pace has received “unconditional merger clearance” from the Portuguese Competition Authority, Arris has confirmed.
In a statement, Arris said that it has now obtained clearance in response to three of its six antitrust-related filings in connection with the combination. The Portuguese approval follows pre-conditional clearance in Germany and South Africa.
Arris agreed to buy Pace for US$2.1 billion (€1.95 billion) in April.