Intel sells home-gateway business to MaxLinear

April 07, 2020 //By Peter Clarke
Intel sells home-gateway business to MaxLinear
Intel has sold its home gateway platform business to RF and mixed-signal chip vendor MaxLinear for $150 million in cash

The Home Gateway Platform Division comprises Wi-Fi access points, Ethernet and Home Gateway SoC products deployed across operator and retail markets. The division employs an estimated 1,000 people, 200-300 of them in Israel, according to reports from Globes.

MaxLinear Inc. (Carlsbad, Calif.) said that the acquisition of the division will add between $60 million and $70 million to its quarterly revenue. MaxLinear Inc. has grown by way of a series of acquisitions in the last decade (see below).

The transaction is expected to close in the third quarter of 2020, subject to customary closing conditions, including regulatory approvals.

Related links and articles:

www.intel.com

News articles:

MaxLinear to buy Exar for $700 million

MaxLinear buys wireless product lines from Microsemi

MaxLinear to buy high-speed chip firm Physpeed


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