Intel to Acquire Texas Instruments' Cable Modem Unit
SANTA CLARA, Calif. - (Business Wire) Intel Corporation today announced it has signed an agreement to acquire Texas Instruments' cable modem product line. The purchase enhances Intel's focus on the cable industry and related
SANTA CLARA, Calif. - (Business Wire) Intel Corporation today announced it has signed an agreement to acquire Texas Instruments' cable modem product line. The purchase enhances Intel's focus on the cable industry and related consumer electronics (CE) market segments, where the company's expertise in building advanced system-on-chip (SoC) products, based on Intel® Atom™ processors, will be applied.
Intel 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."
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.
Intel acquires TI's cable modem unit, might be sneaking into your AV rack
Intel's been trying to break into the home entertainment market for years, and while it's made some inroads, it's also looking at a notable list of ho hum attempts that never managed to gain traction. Take the CE3100 processor, for instance -- a couple of years ago, the outfit seemed certain that this here chip would be powering every last living room box for the rest of eternity, and nowadays it's hardly a household name. But this week, Intel has picked up Texas Instruments' cable modem unit, which gives it a direct link into the very area it's been trying to exploit. The goal of the acquisition -- which is scheduled to close in the fourth quarter of this year -- is to combine TI's Puma product lines with DOCSIS and Intel SoCs. Once that magical marriage takes place, Chipzilla intends to push out complex set-top boxes, residential gateways and modem products, possibly even going for the OEM artery. Details beyond that are few and far betwixt, but we doubt it'll be too long before the pickup begins to bear fruit.
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