Lantiq has entered into a definitive agreement to acquire Home Networking and DSL-related assets and intellectual property (IP) from Massachusetts-based Aware Inc. Lantiq also announced the establishment of a technical competence center in Massachusetts, where a team of experienced engineers will drive innovation in the emerging home networking market.
“This acquisition is another milestone for Lantiq as we expand our portfolio and proactively drive the emerging home networking market,” said Christian Wolff, designated CEO of Lantiq. “We envision connected homes using wireline home networking where service and utility providers can add value with multimedia and smart energy control.”
Aware has a long history as the leading provider of DSL silicon IP to semiconductor companies, especially in OFDM/DMT technology. Over the years the company has developed strong competence in home networking solutions including ITU-T G.hn. Earlier this month, key components of G.hn were agreed by ITU, paving the way for a unified worldwide standard for coax cable, phone line, and power line.
Aware and Lantiq share a long term partnership in the DSL DMT space. As part of the deal, Lantiq will gain access and ownership of Aware’s DSL and home networking IP including certain patents. In the future, Aware and Lantiq will continue to maintain close cooperation in the area of embedded wireline diagnostics.
The transaction is expected to close by the end of 2009 and is subject to the closing of the acquisition of Infineon’s Wireline Division Communicatio ns by Golden Gate Capital/Lantiq.
Lantiq
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