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MediaKind, Velocix, Synamedia revel in freedom but fight over same crumbs

CommScope’s completed acquisition of Arris for $7.4 billion in cash appears to confound the industry trend towards major groups divesting their video operations, but this is not really the case. CommScope was drawn to Arris by the desire for a quick fix for revenue growth without much product overlap and the biggest attraction was Ruckus Wireless, which has little to do with video. Arris itself acquired Ruckus for $800m from Broadcom in 2017, highlighting the lack of overlap with existing products on the video side at the time. So CommScope’s move does not really contradict the narrative of big companies divesting themselves of their core video businesses, as Ericsson did in the creation of MediaKind, Cisco by selling its Service Provider…

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