Company:Lantiq

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

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]

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]


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

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.[11][12][13]

In January 2011 Lantiq announced home networking technology compliant with the ITU-T G.hn standard using the brand name XWAY HNX.[14]

See also

References

  1. "Intel 2015 Acquisitions". 31 December 2015. https://www.sec.gov/Archives/edgar/data/50863/000005086316000105/R16.htm. Retrieved 9 March 2020. 
  2. "Infineon's Wireline Division Will Become LANTIQ". Press release (Infineon). August 10, 2009. http://www.infineon.com/cms/en/corporate/press/news/releases/2009/INFWLC200908-077.html. Retrieved October 23, 2013. 
  3. Richard Wilson (August 10, 2009). "Infineon's wireline chip business renamed Lantiq". Electronics Weekly. http://www.electronicsweekly.com/news/business/infineons-wireline-chip-business-renamed-lantiq-2009-08. Retrieved October 23, 2013. 
  4. Lisa Wang (January 29, 2004). "Infineon buys ADMtek for US$100 million in cash". Taipei Times. http://www.taipeitimes.com/News/biz/archives/2004/01/29/2003096661. 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. http://www.presseagentur.com/lantiq/detail.php?pr_id=2235&lang=en. Retrieved October 23, 2013. 
  6. "Entry into a Material Definitive Agreement". Form 8K. US Securities and Exchange Commission. October 14, 2009. https://www.sec.gov/Archives/edgar/data/1015739/000118811209002182/t66462_8k.htm. Retrieved October 23, 2013. 
  7. "Infineon completes the sale of Wireline business; Lantiq becomes a stand alone company". Press release (Infineon). November 6, 2009. http://www.infineon.com/cms/en/corporate/press/news/releases/2009/INFXX200911-007.html. Retrieved October 23, 2013. 
  8. Dylan McGrath (May 25, 2012). "Former Conexant CEO tapped to lead Lantiq". EE Times. http://www.eetimes.com/document.asp?doc_id=1261825. Retrieved October 23, 2013. 
  9. Jens Hack/Harro ten Wolde (Feb 2, 2015). "Intel buys former Infineon 'Internet of Things' chip unit Lantiq". Reuters. https://www.reuters.com/article/us-lantiq-m-a-intel-idUSKBN0L60QB20150202. Retrieved February 2, 2015. 
  10. "MaxLinear to acquire Intel's Home Gateway Platform Division". businesswire.com. 6 April 2020. https://www.businesswire.com/news/home/20200406005253/en/MaxLinear-acquire-Intel%E2%80%99s-Home-Gateway-Platform-Division. 
  11. "Lantiq Introduces Family of Chips Supporting Global ITU-T G.hn Standard for Home Networking Applications". powersystemsdesign.com. 2011-01-11. https://www.powersystemsdesign.com/articles/lantiq-introduces-family-of-chips-supporting-global-itu-t-g-hn-standard-for-home-networking-applications/6/1311. 
  12. "Lantiq rolls G.hn home net chips". eetimes.com. 2011-01-03. https://www.eetimes.com/lantiq-rolls-g-hn-home-net-chips/. 
  13. "Plenty of business in VDSL for Lantiq". eetimes.com. 2009-08-27. https://www.eetimes.com/plenty-of-business-in-vdsl-for-lantiq/. 
  14. Rick Merritt (January 3, 2011). "Lantiq rolls G.hn home net chips". EE Times. http://www.eetimes.com/document.asp?doc_id=1258234. Retrieved October 23, 2013.