Date: 17th Aug 2010
Intel agrees to acquire TI's cable modem
unit
Intel has signed an agreement to acquire Texas Instruments'
cable modem product line. Intel is focusing on cable market
by buiding SoC based on its Atom processors.
Intel said in its release, it plans to combine Texas Instruments'
best-of-breed Puma product lines with the Data Over Cable
Service Interface Specification (DOCSIS) standard technology
and Intel SoCs to deliver advanced set top box, residential
gateway and modem products for the cable industry. The objective
is to provide cable OEMs with an open and powerful platform
for delivering innovative and differentiated products to
service providers that improve the video, voice and data
content experience at home.
"Adding the talents of the Texas Instruments' cable
team to Intel's efforts to bring its advanced technology
to consumer electronics makes for a compelling combination,"
said Bob Ferreira, general manager, Cable Segment, Intel's
Digital Home Group. "Intel is focused on delivering
SoCs that provide the foundation for consumer electronics
devices such as set top boxes, digital TVs, Blu-ray* disc
players, companion boxes and related devices. This acquisition
specifically strengthens Intel's product offerings for the
continuum of cable gateway products and reinforces Intel's
continued commitment to the cable industry."
The release also said, all employees of Texas Instruments'
cable modem team received offers to join Intel at sites
in their home countries, primarily Israel, and will become
part of Intel's Digital Home Group. Additional terms of
the transaction were not disclosed. The agreement is subject
to regulatory review and customary closing conditions. It
is expected to close in the fourth quarter of 2010.
U.S. and Europe are the major markets for the cable modem
industry.
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