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Lantiq
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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]
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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.[citation needed]
In May 2012, Dan Artusi from Conexant replaced Wolff as chief executive.[8]
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]
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Lantiq made semiconductor products for computer networks used by common carrier telecommunications companies in access networks and home networking.[citation needed]
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]
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