Rumor Mill: ARRIS to Buy SeaChange?

According to this blog posting on the Wall Street Journal's website, ARRIS is in talks to buy SeaChange International. William Styslinger, SeaChange chairman and CEO, released a statement saying in part: "The board of directors has formed an independent advis...

According to this blog posting on the Wall Street Journal's website, ARRIS is in talks to buy SeaChange International.

William Styslinger, SeaChange chairman and CEO, released a statement saying in part: "The board of directors has formed an independent advisory committee to work with management and the board to advise and support them in a wide range of business development and other initiatives. Together with our financial advisors ... the committee is continuing to evaluate a range of strategic options for the company. Its work is ongoing, and the company will inform investors if there are material developments to report."

ARRIS declined to comment.
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