News points:
• This transaction will enable Intel to further advance the development of broadband network technology to enhance the connected home experience.
• LanTIq is a leading technology provider that will help Intel expand its existing home gateway business into markets such as telecom residential gateways and access networks.
In February 2015, Santa Clara, Calif., and Munich, Germany, Intel Corporation announced that it had signed a definitive agreement for the acquisition of LanTIq. LanTIq is a leading provider of broadband access and home networking technologies. The transaction is still subject to customary closing conditions and approved by the regulatory body and is expected to be completed in approximately 90 days. The transaction details were not disclosed.
Intel is striving to be the best choice for all smart connected devices and technologies, with intelligent gateways and intelligent access networks being an important factor. The acquisition will expand Intel's success in the cable residential gateway market and extend its product line to other gateway markets including DSL, fiber, LTE, retail and IoT smart routers.
Shi Haode, senior vice president and general manager of the computing terminal business unit at Intel Corporation, said: "We expect more than 800 million broadband connected homes worldwide by 2018, and Intel is the leader in driving broadband into the home and connecting computing devices. The cable gateway business and LanTIq's technology and talent aggregation will help service providers around the world launch a new home computing experience, allowing consumers to take advantage of smarter and more connected homes."
The combination of Intel and Lantiq will provide a comprehensive connectivity solution and home cloud technology for original equipment manufacturers, service providers and companies developing innovative applications for the home. Combined with Intel's IoT solutions, Intel® security products and Intel technology-based end products, Intel will be able to deliver exciting new connectivity experiences for consumers.
Lantiq CEO Dan Artusi said: "Intel and Lantiq have the same vision, we are committed to promoting the development of connected homes and intelligent networks. The two sides will work together to promote the evolution of broadband customer premises equipment (CPE), which will become A smart gateway that connects an increasingly diverse range of home devices and services."
Located in Munich, Germany, Lantiq is a leader in the broadband access market, offering advanced access technologies. More than 100 global carriers have deployed Lantiq's DSL solutions. Lantiq has more than 2,000 patents in broadband communications, and offers xDSL solutions including support for vectorization and G.Fast, fiber-based technologies such as fiber-to-distribution. Point (FTTdp) and GPON technology, integrated gateway home networking and DSLTE systems, ultra-efficient network processors, and comprehensive Ethernet and voice solutions.
About Intel
Intel (Nasdaq: INTC) is a global leader in computing innovation. Intel designs and builds key technologies to lay the foundation for computing devices worldwide. As a leader in corporate responsibility and sustainability, Intel also built the world's first commercial "conflict free" microprocessor.
About Lantiq
Lantiq is a leading provider of broadband access and home networking technologies, offering a broad and innovative portfolio of semiconductor products for next-generation networks and digital homes. Lantiq specializes in broadband communications, including analog, digital and mixed-signal integrated circuits and comprehensive software suites. Lantiq is a fabless company whose semiconductor solutions are deployed by major carriers in home networks around the world. The company's main investor is San Francisco-based private equity firm Golden Gate Capital, which manages about $12 billion in capital.
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