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Lantiq Acquires IP and Assets From Metalink and Broadens Its Portfolio in Leading Edge WLAN 11n Technologies
| Source: Lantiq
NEUBIBERG, GERMANY--(Marketwire - January 6, 2010) - Lantiq, a leading company in
next-generation Access and Home Networks, today announced its second
acquisition shortly after becoming a stand-alone company. Lantiq acquired
WLAN (Wireless Local Area Network) related assets and intellectual property
(IP) from Israel based Metalink Ltd., a leading provider of high
performance wireless communication silicon solutions with the capability to
deliver
HD-video-streams over the 802.11n standard. The transaction was signed
today and closing is expected by end of January.
"Metalink really has developed an outstanding multi-stream technology,
which is very successful in today's video-bridging environment and has
proven many times its performance capabilities," said Christian Wolff, CEO
of Lantiq. "Shortly after our first acquisition in the home networking
field, today we set another milestone for our company and further expand
and complement our broadband product portfolio."
The purchase price is up to US $16.9 million; including an $8.9 million
initial payment and an up to $8 million additional payment based on future
performance.
Lantiq also announced the establishment of a technical competence center in
Yakum, Israel, where a team of about 50 experienced engineers will drive
innovation. The acquired 802.11n
MIMO-technology (Multiple Input Multiple Output) features -- in contrast to
today's conventional WLAN solutions -- flawless and unobstructed HD-Video
streaming over Wireless-LAN without making any compromise to
Quality-of-Service.
Lantiq will integrate the technology in its existing roadmap and future
products. In addition to reference designs, first ICs produced in 65
nanometer process technology are already sampling and will be available for
mass production in spring 2010.
About LANTIQ
Lantiq offers a broad and innovative product portfolio for Next Generation
Networks and the Digital Home. The company employs about 900 people in
Europe, North America and the Asia Pacific region. Headquartered in
Neubiberg, Germany, Lantiq specializes on broadband communications,
encompassing analog, digital and mixed-signal ICs along with comprehensive
software suites. Lantiq is a fabless company, and its semiconductor
solutions are deployed by major carriers and in home networks in every
region of the world. Further information is available at www.Lantiq.com