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News

   Date: 14th Aug 09

Infineon's wireline division acquired by Gloden Gate Capital is named as LANTIQ

The Wireline Communications Division of Infineon Technologies, which is now getting acquired by Golden Gate Capital, is named as LANTIQ. By end of fall 2009, LANTIQ will assume all the products, projects and locations from Infineon.

"During the last few years we have gained a very strong position and significant momentum in the wireline market, based on our broad and innovative product portfolio," stated Christian Wolff, who is designated to be the CEO of LANTIQ. "We are fully committed to the Wireline communications market and we see a tremendous opportunity in the market for IPTV, Home Networking and Next-Generation IP-based networks."

"The junction where broadband access meets the digital home is a very hot area in the market today. Exciting new services like IPTV and VoIP depend on a seamless wideband connection from the central office to every point within the consumers' home," said Lee Ratliff, Senior Analyst, Broadband Digital Home and IPTV at iSuppli Corporation. "LANTIQ is positioned at the intersection of this activity with a portfolio that includes infrastructure and Home Networking products ranging from ADSL and VDSL to network processors, VoIP, and DECT/CAT-Iq."

"WLC, and in the future LANTIQ, is a very exciting company representing an attractive investment opportunity for GGC. We are especially impressed with the leadership and integrity of the senior management team as well as the capabilities of the entire employee base. The people, technologies, and customer relationships make LANTIQ an attractive platform for us", said John Knoll, Managing Director at Golden Gate Capital.


          
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