ARRIS (ARRS) announced it has acquired Mississauga, Ontario-based SeaWell Networks. The company said it is integrating SeaWell's adaptive bit rate streaming technologies and talent into its Network & Cloud business. The combined portfolio - of IP video, multiscreen, and ad insertion solutions - will...
ARRIS Acquires SeaWell Networks
Advanced Micro Devices, Inc. (AMD) gained 6 percent to $3.91. The company's first quarter net loss narrowed from the year-ago quarter and its adjusted earnings per share topped Wall Street view. Revenue for the quarter rose 28 percent and came in above the consensus estimate.