U.S. telecommunications equipment maker CommScope Holding Co Inc is in talks to acquire set-top box maker Arris International PLC in a bid to expand its offerings, as reported by Reuters.
The report stated that the negotiations between CommScope and Arris are ongoing and there is no certainty a deal will be reached. Both Arris and CommScope have reportedly declined to comment.
Arris makes electronics such as modems and set-top boxes used by cable and satellite television companies. CommScope offers connectivity and infrastructure for the wireless industry and cable operators.
Experts believe the deal talks come as the popularity of video online streaming is putting pressure on telecommunications companies to upgrade their infrastructure and consolidate relationships with hardware equipment suppliers.