Infineon's wireline chip biz renamed Lantiq

NEUBIBERG, GERMANY: Close to completing a recent transaction, Infineon Technologies AG and Golden Gate Capital has said that Infineon’s Wireline Communications Division will assume a new nomenclature soon. To be called Lantiq, it will bag all the products, projects and locations of the present Wireline Communications Division.

Reports elaborated that Infineon Technologies has agreed to sell its Wireline Communications Division (WLC) to the private equity investor Golden Gate Capital. The deal is expected to close in fall 2009 giving birth to the new standalone company Lantiq.

Experts pointed out that the new company would boast of unique capabilities to combine traditional wireline technologies with leading-edge Access and Home Networking technologies, according to a report in this regard.

Christian Wolff, soon to take over as Lantiq's CEO said: “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. 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.”

Lantiq is seen as being positioned with a portfolio that includes infrastructure and Home Networking products ranging from ADSL and VDSL to network processors, VoIP, and DECT/CAT-Iq.

Lantiq, in the meanwhile, is expected to be among the Top 15 fabless semiconductor companies worldwide and be a one-stop solution provider for the wireline communication and broadband access markets.