MADISON, Wis. — Intel Corp. announced a definitive agreement to buy Lantiq, a Munich, Germany-based supplier of broadband access and home networking technologies. Intel did not disclose the terms of acquisition.
By leveraging Lantiq — armed with extensive DSL solutions and a strong patent portfolio related to broadband communications, the Santa Clara, Calif.-based CPU giant hopes to put itself on the map for global broadband gateway business. Intel plans to expand the company’s current cable residential gateway business to others, including “DSL, Fiber, LTE, retail and IoT smart routers,” according to Intel.
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Lantiq’s presence in the broadband customer premises equipment (CPE) is believes to be particularly attractive to Intel, who wants to be in the market for next-generation gateways that connect a variety of devices and services at home.
Read the rest of the article at EE Times.
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