The Light Reading story says that “several industry sources say Motorola and Cisco are both angling to take out Terayon for an estimated $225 million to $275 million sometime in the next few weeks,” and that Harmonic and possibly Arris are bidding as well. The story asserts that “Terayon is considered a hot property primarily because of its sought-after CherryPicker line of digital video processing products.”
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.