Only a few short months after Golden Gate Capital formed Lantiq when it reached a deal to buy Infineon's wireline business, the new company is already expanding its prospects by reaching a deal to acquire Bedford, Mass.-based Aware's Home Networking and DSL-related assets and intellectual property. With its acquisition of Aware, Lantiq will also open a technical competence center in Massachusetts that will be the home to a team of engineers focused on home networking.
So just what does Lantiq get with the Aware acquisition? For starters, the acquisition will provide Lantiq with expanded OFDM/DMT technology capabilities, including Aware's experience in developing home networking elements for the proposed G.hn standard that's attempting to build a common home network standard to run over coax, phone lines and power lines. Lantiq says the deal, which will wrap up by the end of this year, will hinge on Golden Gate Capital/Lantiq's completing its acquisition of Infineon's Wireline Division Communications division.
- see the official release here
Infineon gets out of the wireline business
Golden Gate renames Infineon's wireline business LANTIQ
Aware, Inc. to Sell Home Networking and DSL Technology to Lantiq