Pace misses out as Google sells Motorola set-top box business to Arris in $2.25bn deal Under the deal announced last night, Google will take a roughly 15.7pc stake in Arris, a cable equipment maker. Google said the deal would increase Arris' patent portfolio and provide a license to a "wide variety" of Motorola Mobility patents but did not provide details. Mike Pulli, the chief executive of Pace, said: "We viewed the potential acquisition of Google's Motorola Home business as an opportunity to accelerate our stated strategy, but only if real shareholder value could be delivered. Although we had the support of our major shareholders and committed facilities, we could not reach an appropriate conclusion to the potential transaction. He said the company remained confident full-year results would be in line with expectations and continued to be encouraged about our prospects for the future.