Intel acquires Lantiq to boost smart home offering
February 4, 2015
Intel is buying Munich-based Lantiq, a supplier of broadband access and home networking technologies. The acquisition would expand Intel’s position in the cable residential gateway market and broaden its offering to other gateway markets, including DSL, fibre, LTE, retail and IoT smart routers.
Financial details of the acquisition were not disclosed. The transaction is subject to customary closing conditions and regulatory approvals, and is expected to close in about three months.
“By 2018, we expect more than 800 million broadband connected households worldwide,” said Kirk Skaugen, senior vice president and general manager of Intel’s client computing group. “Intel has been a global leader in driving broadband into the home and to connected compute devices. The combination of our cable gateway business with Lantiq’s technology and talent can allow global service providers to introduce new home computing experiences and enable consumers to take advantage of a more smart and connected home.”
The combined team would have a range of connectivity and home cloud technologies for OEMs, service providers and companies innovating applications for the home. Together with its IoT range, security products and client devices, Intel will be able to deliver more connected experiences for consumers.
“Intel and Lantiq share a common vision about the evolution of the connected home and the intelligent network,” said Dan Artusi, Lantiq CEO. “Together we can drive the transformation of the broadband customer premises equipment as it becomes a smart gateway that connects an increasingly diverse roster of devices and services in the home.”
More than 100 global operators have deployed Lantiq’s DSL products. It has more than 2000 patents related to broadband communications and offers technologies including xDSL with vectoring and G.Fast; fibre-based technologies such as fibre to the distribution point and GPON; gateway home networking and DSLTE systems; network processors; and Ethernet and voice products.