Centillium selling DSL unit to Ikanos

Centillium Communications announced that it has agreed to sell its DSL business unit to Ikanos Communications for about $12 million in cash. The move will allow Centillium to focus on its faster growing optical and VoIP business, while reducing about $18 million in costs related to its DSL efforts. For Ikanos, the acquisition looks to fit into its ongoing effort in the market for VDSL-based residential broadband gateway products. The deal likely will close in the first quarter this year.

For more:
- take a look at this Centillium press release

Suggested Articles

With cloud providers looking to move to the network edge, service providers such as CenturyLink are well positioned to help them.

CenturyLink has launched a new content delivery network (CDN) platform for web developers.

AT&T is out of the starter blocks for 400G with an optical connection carrying live traffic between Dallas and Atlanta.