ARRIS buys VC-backed video delivery solutions platform SeaWell Networks
ARRIS Group, a U.S.-based developer of IP, video and broadband technology, has acquired SeaWell Networks Inc. No financial terms were disclosed for the transaction. Based in Mississauga, Ontario, SeaWell Networks is a provider of multi-screen video delivery solutions. The company was founded in 2008 and has been venture-backed since 2010. Its Canadian investors included BDC Venture Capital, MaRS Investment Accelerator Fund and Northwater Capital Management. Update: ARRIS said that it is integrating SeaWell's technologies and talent into its network and cloud business.
21 April 2014•2 mins read
