Intel To Acquire Lantiq; Advancing The Connected Home

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Intel Corporation has signed a definitive agreement to acquire Lantiq, a leading supplier of broadband access and home networking technologies. The transaction is subject to customary closing conditions and regulatory approvals. The transaction is expected to close in approximately 90 days. Deal terms were not disclosed. Smart gateways and intelligent access networks are important elements in Intel's efforts to make everything smart and connected, best with Intel. This acquisition would expand Intel's success in the cable residential gateway market and broaden its offering to other gateway markets, including DSL, Fiber, LTE, retail and IoT smart routers.
 
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