Santa Clara, California, Feb. 2, 2015: Intel Corporation continues its forward movement in the Internet of Things (IoT). It today announced it would be acquiring leading supplier of broadband access and home networking technologies, the German company Lantiq.
This Website had previously reported how Intel had decided to go all out in the field of IoT. The acquisition would push the chip maker further into the world of the smart homes business. The combination of its cable gateway business with Lantiq’s technology seems to be an ideal combination for Intel to help global service providers to introduce new home computing experiences and enable consumers to take advantage of a more smart and connected home.
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 thus 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.
“By 2018, we expect more than 800 million broadband connected households worldwide,” said Kirk Skaugen, Senior Vice President and General Manager of Intel’s Client Computing Group. “Intel has been a global leader in driving broadband into the home and to connected compute devices.
The combined team would have a comprehensive range of connectivity solutions and home cloud technologies for OEMs, service providers and companies innovating new applications for the home.
The Munich-based Lantiq is a leader in state-of-the-art broadband access technology. More than 100 global operators have deployed Lantiq’s DSL solutions. Intel, on the other hand, is an acknowledged world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices.
Image Credit: Lantiq
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