Benzinga's Market Movers

BigBand Networks Inc (NASDAQ: BBND) shares gained 74.02% to $2.21 at 11:30 am. Arris Group Inc (NASDAQ: ARRS) announced its plans to acquire BigBand Networks for $53 million.

InsWeb Corporation (NASDAQ: INSW) shares surged 45.65% to $9.03. Bankrate Inc (NYSE: RATE) announced its plans to buy InsWeb Corp's insurance lead generation and marketing business for $65 million in cash.

Clean Diesel Technologies Inc (NASDAQ: CDTI) climbed 26.26% to $3.75. CDTI issued upbeat Q3 revenue projections.

Coffee Holding Co Inc (NASDAQ: JVA) jumped 21.39% to $12.43. JVA shares have surged 149.76% over the past 52 weeks, while the S&P 500 index has gained 2.54% in the same period.