Ikanos Communications

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Ikanos Communications
Type Public
Traded as NASDAQIKAN
Industry Semiconductors
Founded 1999
Headquarters Fremont, California, USA
Key people Dado Banatao, CEO
Website www.ikanos.com

Ikanos Communications, Incorporated, is a provider of semiconductor and software products for use in homes. The company’s digital subscriber line, communications processors and other products are used in customer premises equipment from network equipment manufacturers and telecommunications service providers.[citation needed]

History[edit]

On December 10, 2001, the founder and chief technology officer of Ikanos, Behrooz Rezvani, announced he was editor of the Institute of Electrical and Electronics Engineers (IEEE) draft standard for Ethernet in the first mile over copper.[1]

On August 24, 2009 Ikanos acquired Conexant's Broadband Access product line for about $54 million in cash. It also announced an investment of $42 million from Tallwood Venture Capital.[2] In June 2010, John Quigley replaced Michael Gulett as chief executive (who left in April). He was the fifth CEO in six years.[3]

A U.S. appeals court on May 25, 2012 revived a shareholder lawsuit accusing Ikanos of failing to properly disclose known defects in its semiconductor chips at the time it was conducting a 2006 stock offering.[4]

References[edit]

  1. ^ "Ikanos Founder Gets IEEE Task". Press release. December 10, 2001. Retrieved October 23, 2013. 
  2. ^ "Ikanos Communications Completes Acquisition of Broadband Access Product Line from Conexant Systems, Inc.". Press release (Ikanos). August 24, 2009. Retrieved October 23, 2013. 
  3. ^ Craig Matsumoto (June 8, 2010). "Ikanos Names Sixth CEO". Light Reading. 
  4. ^ Reuters (May 25, 2012). "U.S. court revives shareholder case against Ikanos". Retrieved October 23, 2013. 

External links[edit]