Rovi signs new long-term patent license agreement with ARRIS Rovi (ROVI) announced that it has signed a new, multi-year, global patent license agreement with ARRIS (ARRS). The agreement provides ARRIS with a license for its solutions across set-top boxes and on second-screen platforms. The long-term licensing agreement extends into the next decade.
ARRIS acquisition of Pace receives antitrust clearance from Colombia ARRIS Group announced that its proposed acquisition of Pace received unconditional merger clearance from The Superintendence of Industry and Commerce in Colombia. This clearance follows pre-conditional clearance in Germany, South Africa, and Portugal. Completion of the transaction remains subject to the expiration or termination of the waiting period under the United States Hart-Scott-Rodino Antitrust Improvements Act of 1976 and the satisfaction of similar merger control requirements in Brazil, together with satisfaction of other customary closing conditions.