Intel Intends to Purchase Lantiq, Supplier of Broadband Access and Home Networking Products
Intel has signed a deal to purchase Lantiq, a supplier of broadband access and home networking technology. Regulatory approvals are all that’s needed to make the deal go through, as well as the usual closing conditions, that will take be all done in about 90 days.
Intelligent access networks are what Intel is gunning for here, as they try to make everything smart and connected. Intel would thus have access to the cable residential gateway market. It will also offer IoT smart router solutions, DSL, Fiber, LTE and more types of products. Kirk Skaugen, Senior VP of Intel’s Client Computing Group claimed that by 2018 he expects over 800 million broadband connected households to exist globally.
Improved network speeds in homes, means improved ways to implement smart home solutions and the Internet of things system. Intel tries to be at the forefront of this evolution, but let’s see if players like Ericsson, Huawei or Nokia Networks will let them.