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Arris secures 4K gateway deal with Liberty Global
Arris has agreed a 4K video gateway deal with cable giant Liberty Global, according to company CEO Bob Stanzione.
Speaking on Arris’ quarterly earnings call, Stanzione said that Arris will provide Liberty with a gateway platform that supports 4K Ultra High Definition video, and that the deal will help Arris to further its “international market and portfolio expansion.”
Asked to give further detail on the 4K Liberty deal, Arris’ president of customer premises equipment, Larry Robinson, said that the next generation platform programme that Arris is working on “should be applicable throughout a number of other properties and deployments.”
Announcing its unaudited financial results for the fourth quarter and full year 2014, Arris said that it introduced several key products last year and “achieved important design wins” that are scheduled for launch later in 2015, without giving further details.
IP, video and broadband technology company Arris reported a US$631.0 million (€554 million) order backlog at the end of the fourth quarter of 2014.
The firm, which makes a wide range of network, access and home products – including set-top boxes and cable modems – said that the figure compares to an order backlog of US$538.6 million in the same quarter a year earlier and of US$594.1 million at the end of Q3 2014.
Fourth quarter revenues were US$1.263 billion, compared to US$1.199 billion in the same quarter last year. GAAP net was US$1.29 per diluted share, compared to a net loss of US$0.02 per diluted share last year. However Arris said that comparisons to prior periods “may not be meaningful” as a result of its acquisition of Motorola Home, which closed on April 17, 2013.