View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
February 2, 2015

Intelligent networks on Intel’s mind with Lantiq buy

The firm agrees to buy chip maker for undisclosed amount.

By Amy-Jo Crowley

Intel has agreed to buy Lantiq, a German chip maker, for an undisclosed amount as the chip giant looks to expand its presence in the Internet of Things (IoT) market.

Lantiq, founded in 2009, makes chips and software used for fibre, broadband and Wi-Fi communications, which is supplied by broadband access and telecom providers.

The deal is expected to help Intel expand its presence in the cable residential gateway market as well as other gateway markets, including LTE, retail and IoT smart routers.

Kirk Skaugen, Intel’s Client Computing Group SVP and general manager, says he expects more than 800 million broadband connected homes around the world by 2018.

"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," he said.

Lantiq CEO Dan Artusi added: "Intel and Lantiq share a common vision about the evolution of the connected home and the intelligent network."

"Together we can drive the transformation of the broadband customer premises equipment (CPE) as it becomes a smart gateway that connects an increasingly diverse roster of devices and services in the home."

Content from our partners
How businesses can safeguard themselves on the cyber frontline
How hackers’ tactics are evolving in an increasingly complex landscape
Green for go: Transforming trade in the UK

The transaction is expected to close in 90 days.

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU