Broadband equipment maker Arris Group Inc. (ARRS) announced Friday that the U.S. Department of Justice has cleared Arris' proposed acquisition of the Motorola Home business from a subsidiary of Google Inc. (GOOG).
As a result, all required regulatory approvals have been received, or the applicable waiting periods have expired, the company said.
Arris said it expects to close the transaction on or about April 17, 2013.
In December 2012, Arris Group said it agreed to acquire Google's Motorola Home business, TV set-top box maker, for $2.35 billion in a cash-and-stock deal.
Google brought Motorola Home business into its fold when it wrapped up Motorola Mobility for $9.8 billion in May 2012.
For comments and feedback: editorial@rttnews.com