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LANTIQ Nails Down Second Product Acquisition
With the acquisition, LANTIQ will establish a technical competence center in Yakum, Israel, where a team of about 50 engineers will drive innovation. The acquired 802.11n MIMO-technology (Multiple Input Multiple Output) enables HD video streaming over WLAN networks. LANTIQ will integrate the technology in its existing roadmap and future products. In addition to reference designs, first ICs produced in 65nanometer process technology are already sampling and will be available for mass production in spring 2010. In November 2009 the company took over the Home Networking and DSL related assets and IP from Massachusetts-based Aware. The deal included the establishment of a technical competence center in Bedford Mass., where a team of more than 40 engineers from Aware has joined LANTIQ. LANTIQ officially started operations on November 7, 2009 but was announced in July. Golden Gate Capital spent about $350 million to Infineon for the wireline unit. The company employs about 900 people in Europe, North America and the Asia Pacific region. Headquartered in Neubiberg, Germany, LANTIQ specializes on broadband communications, encompassing analog, digital and mixed-signal ICs along with comprehensive software suites.
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