Lantiq

Lantiq was a Germany-based fabless semiconductor company of approximately 1,000 people formed via a spin-out from Infineon Technologies. The company was purchased in 2015 by Intel for $345M.[1]

Lantiq
TypeSubsidiary
IndustryMicrocontrollers, communication, Semiconductors
Founded2009
Defunct2015
FateAcquired by Intel in 2015, its division responsible for Lantiq's products sold to MaxLinear in 2020.
Headquarters
Neubiberg, Bavaria
,
Germany
ProductsIntegrated circuits
Number of employees
1,000
ParentIntel

Corporate history

On 7 July 2009 Infineon Technologies announced that it agreed to sell its wire-based communications division to Golden Gate Capital, resulting in a new stand-alone name of Lantiq [2] This was one of several steps to raise cash during the Great Recession.[3] Some technology had been acquired when Infineon purchased Taiwan-based ADMTek (partially owned by Accton Technology Corporation) for approximately US$100 million in cash in 2004.[4]

Some assets and patents acquired from Massachusetts-based Aware Inc for about US$6.75 million were included in the spinoff.[5][6] The division was headed by Christian Wolff when the deal closed on 6 November 2009 for about 243 million Euros.[7]

Lantiq's central functions and the executive management team were located in Neubiberg, near Munich Germany.

In May 2012, Dan Artusi from Conexant replaced Wolff as chief executive.[8]

Lantiq XWAY VRX288 V1.1

On 2 February 2015 it was announced that Intel agreed to buy Lantiq (a transaction valued at $345 million) in an attempt to expand its range of chips used in connected Internet-of-Things gadgets and IoT gateways.[9]

Intel sold the business to MaxLinear in 2020.[10]

Markets

Lantiq made semiconductor products for computer networks used by common carrier telecommunications companies in access networks and home networking.

Their products included SOC's (system-on-a-chip) and other integrated circuits for technologies including the digital subscriber line family, VoIP, wireless LAN, Gigabit Ethernet and passive optical networks.

In January 2011 Lantiq announced home networking technology compliant with the ITU-T G.hn standard using the brand name XWAY HNX.[11]

See also

References
  1. "Intel 2015 Acquisitions". 31 December 2015. Retrieved 9 March 2020.
  2. "Infineon's Wireline Division Will Become LANTIQ". Press release. Infineon. August 10, 2009. Retrieved October 23, 2013.
  3. Richard Wilson (August 10, 2009). "Infineon's wireline chip business renamed Lantiq". Electronics Weekly. Retrieved October 23, 2013.
  4. Lisa Wang (January 29, 2004). "Infineon buys ADMtek for US$100 million in cash". Taipei Times. Retrieved October 23, 2013.
  5. "Lantiq announces its first acquisition, expands its portfolio in Home Networking and sets up a technical competence center in Massachusetts". Press release. October 20, 2009. Archived from the original on October 29, 2013. Retrieved October 23, 2013.
  6. "Entry into a Material Definitive Agreement". Form 8K. US Securities and Exchange Commission. October 14, 2009. Retrieved October 23, 2013.
  7. "Infineon completes the sale of Wireline business; Lantiq becomes a stand alone company". Press release. Infineon. November 6, 2009. Retrieved October 23, 2013.
  8. Dylan McGrath (May 25, 2012). "Former Conexant CEO tapped to lead Lantiq". EE Times. Retrieved October 23, 2013.
  9. Jens Hack/Harro ten Wolde (Feb 2, 2015). "Intel buys former Infineon 'Internet of Things' chip unit Lantiq". Reuters. Retrieved February 2, 2015.
  10. "MaxLinear to acquire Intel's Home Gateway Platform Division". businesswire.com. 6 April 2020. Retrieved 10 September 2020.
  11. Rick Merritt (January 3, 2011). "Lantiq rolls G.hn home net chips". EE Times. Retrieved October 23, 2013.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.