Lantiq
 | |
| Company type | Subsidiary of Intel |
|---|---|
| Industry | Microcontrollers, communication, Semiconductors |
| Founded | 2009 |
| Headquarters | , Germany |
| Products | Integrated circuits |
| Owner | Golden Gate Capital |
Number of employees | 1,000 |
| Website | www |
Lantiq is a fabless semiconductor company of approximately 1,000 people based in Germany.
Company
Lantiq's central functions and the executive management team are located in Neubiberg near Munich in Germany. Lantiq makes semiconductor products for computer networks used by common carrier telecommunications companies in access networks and home networking. On July 7, 2009 Infineon Technologies announced it agreed to sell its wire-based communications division to Golden Gate Capital.[1] It was one of several steps to raise cash during the Great Recession.[2] Some technology had been acquired when Infineon purchased Taiwan-based ADMTek (partially owned by Accton Technology Corporation) for about US$100 million in cash in 2004.[3] Some assets and patents acquired from Massachusetts-based Aware Inc for about US$6.75 million were included in the spinoff.[4][5] The division was headed by Christian Wolff when the deal closed on November 6, 2009 for about 243 million Euros.[6]
Lantiq sells system-on-a-chip products and other integrated circuits for technologies including the digital subscriber line family, VoIP, wireless LAN, Gigabit Ethernet and passive optical networks. In January 2011 Lantiq announced home networking technology compliant with the ITU-T G.hn standard using the brand name XWAY HNX.[7]
In May 2012, Dan Artusi from Conexant replaced Wolff as chief executive.[8]
Feb 2, 2015, it was announced that Intel agreed to buy the German network chipmaker for an undisclosed amount to expand its range of chips used in connected Internet-of-Things gadgets and IoT gateways.[9]
References
- ^ "Infineon's Wireline Division Will Become LANTIQ". Press release. Infineon. August 10, 2009. Retrieved October 23, 2013.
- ^ Richard Wilson (August 10, 2009). "Infineon's wireline chip business renamed Lantiq". Electronics Weekly. Retrieved October 23, 2013.
- ^ Lisa Wang (January 29, 2004). "Infineon buys ADMtek for US$100 million in cash". Taipei Times. Retrieved October 23, 2013.
- ^ "Lantiq announces its first acquisition, expands its portfolio in Home Networking and sets up a technical competence center in Massachusetts". Press release. October 20, 2009. Retrieved October 23, 2013.
- ^ "Entry into a Material Definitive Agreement". Form 8K. US Securities and Exchange Commission. October 14, 2009. Retrieved October 23, 2013.
- ^ "Infineon completes the sale of Wireline business; Lantiq becomes a stand alone company". Press release. Infineon. November 6, 2009. Retrieved October 23, 2013.
- ^ Rick Merritt (January 3, 2011). "Lantiq rolls G.hn home net chips". EE Times. Retrieved October 23, 2013.
- ^ Dylan McGrath (May 25, 2012). "Former Conexant CEO tapped to lead Lantiq". EE Times. Retrieved October 23, 2013.
- ^ Jens Hack/Harro ten Wolde (Feb 2, 2015). "Intel buys former Infineon 'Internet of Things' chip unit Lantiq". Reuters. Retrieved February 2, 2015.
