Top News

Conexant Sells Broadband Product Lines

Newport Beach-based Conexant Systems reported today that the firm has sold off its Broadband Access product lines to Ikanos Communications, in a deal worth $54M in cash. Conexant said that the product organization develops DSL, ADSL, and other broadband hardware. Conexant said the sale is part of a restructring effort by the firm, which is looking to focus on imaging, audio, video, and embedded modem applications. As part of the deal, approximately 400 Conexant employees will join Ikanos.


 

Marketplace


 

 

Latest Headlines

Browse Issues

 
 

Keep up with all of the latest Southern California high tech news via email (it's free!)



or Cancel