I’m excited to announce that Intel has successfully closed the acquisition of Lantiq. This acquisition enables us to extend our success in cable home gateways into DSL and fiber markets giving us full coverage of broadband access methods around the world. The teams are already developing innovative ways to create new products to benefit our customers, which we’ll share more about in the coming months.
The broader, comprehensive range of connectivity solutions and home cloud technologies we will deliver will enable global service providers, OEMs and other companies to bring new home computing experiences to market. And ultimately, we can help make people’s homes even smarter and more connected than they are today.
The closing of this acquisition is just the first step in the process to incorporate Lantiq’s employees and process into Intel. Moving forward, Dan Artusi, who has been the CEO of Lantiq since 2012, will report directly to me and lead the combined organization, which will be called Intel’s Connected Home Division.
We’re excited to work with the talented Lantiq team to grow our business with current and prospective customers. We’re equally gratified to have received overwhelmingly positive feedback from customers who share our enthusiasm at the opportunities that the combined team will be able to pursue. I’d like to share some of the fantastic comments we’ve received from a few of our valued operators and OEMs.
- “We’re pleased to see Intel growing their gateway business with the purchase of Lantiq. As Comcast continues to scale our networks to gigabit speeds, we look forward to having the benefit of a common architecture across multiple access technologies that shortens development time so we can quickly deliver ultra-fast broadband experiences to our customers.” – Tony Werner, EVP & CTO, Comcast Cable
- “We’re glad to see Intel expanding their portfolio of technologies with the Lantiq acquisition. The combined group will be a leading supplier for broadband technologies with a comprehensive range of solutions to help us deliver ever faster connectivity to our customers. Congratulations!” – Balan Nair, EVP & CTO, Liberty Global
- “We believe this is a great next step for Lantiq to becoming one of the broadest and best equipped providers for bringing all means of broadband technologies to Telefonica customers around the world. It’s a win-win situation for Lantiq, Intel and the customers to get leading edge, end-to-end broadband solutions. We are excited to continue our business with Lantiq, now an Intel company!” – Jose Luis Espla Gutierrez, GCTO, Fixed Access and Home Network Director, Telefonica
- “It is good to see Intel expanding their portfolio of gateway and communications technologies for the home. We see the benefits that the combined Intel and Lantiq technologies will bring to our connected home platforms. ARRIS looks forward to continuing our productive relationship with Intel as it grows its home gateway business.” – Charles Cheevers, CPE CTO, ARRIS
- This is a great next step for Lantiq to completing its portfolio in the connected home space. We believe that Lantiq – now an Intel company – will become one of the leading players for the broadband technologies and the smart home. We look forward to further collaborating with Lantiq to bring leading edge broadband gateways to service providers around the world.” – Ahmed Selmani, Sagemcom Broadband, Deputy CEO
Stay tuned for exciting news out of this team through the year.
Forward Looking Statements – Risk Factors
This document contains forward-looking statements regarding the results of the acquisition of Lantiq by Intel. Actual results may differ materially from those contained in this document. Among the important factors that could cause future results to vary are risks and uncertainties arising from, among other things, integration of Lantiq into Intel and the integration of Lantiq’s technology in existing or new products may not occur as anticipated; the ability of Intel to retain key employees and customer and supplier relationships; demand for and market acceptance of products produced using acquired technologies or competing technologies; and expected synergies and other financial benefits of the transaction may not be realized. In addition, please refer to the documents that Intel files with the SEC on Forms 10-K, 10-Q and 8-K. The filings by Intel identify and address other important factors that could cause events and results to differ materially from those contained in the forward-looking statements set forth in this document.