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Short Take: NextLevel Systems acquires Fuba Communications Systems

NextLevel Systems, which is changing its name back to General Instrument Corporation (GI), has acquired Fuba Communications Systems, a European manufacturer of high-quality cable television equipment based in Germany. FCS will be integrated with GI's European operations as a wholly owned subsidiary. The acquisition was made in order to bring a manufacturing base closer to GI's European and Middle Eastern customers. Financial terms of the deal were not disclosed.

NextLevel Systems, which is changing its name back to General Instrument Corporation (GI), has acquired Fuba Communications Systems, a European manufacturer of high-quality cable television equipment based in Germany. FCS will be integrated with GI's European operations as a wholly owned subsidiary. The acquisition was made in order to bring a manufacturing base closer to GI's European and Middle Eastern customers. Financial terms of the deal were not disclosed.