Lantiq

Lantiq
Company 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

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]

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]

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.[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]

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. ^ "Lantiq Introduces Family of Chips Supporting Global ITU-T G.hn Standard for Home Networking Applications". powersystemsdesign.com. 2011-01-11. Retrieved 2024-03-08.
  12. ^ "Lantiq rolls G.hn home net chips". eetimes.com. 2011-01-03. Retrieved 2024-03-08.
  13. ^ "Plenty of business in VDSL for Lantiq". eetimes.com. 2009-08-27. Retrieved 2024-03-08.
  14. ^ Rick Merritt (January 3, 2011). "Lantiq rolls G.hn home net chips". EE Times. Retrieved October 23, 2013.