Ikanos acquires ADI's network processor, ADSL ASIC product lines

Ikanos Communications Inc., a developer of Fiber Fast broadband solutions, announced that it has completed the acquisition of the network processor and ADSL ASIC product lines from Analog Devices Inc. (ADI).

The estimated $31 million cash acquisition broadens Ikanos' market by adding the Fusiv line of residential gateway processors and Eagle line of ADSL2+ modem products, along with associated product development and support teams. In addition, Ikanos plans to offer VDSL-based residential gateway solutions that integrate the Fusiv processor with its CleverConnect and FxS VDSL2 products.

"This acquisition is a logical step towards our goal of enabling Ikanos to offer a full suite of interactive broadband solutions," said Rajesh Vashist, president and CEO of Ikanos. "The Fusiv processor delivers class-leading performance and we believe that it will integrate well with our VDSL solutions. Meanwhile, the Eagle products allow us to offer ADSL-based gateways for carriers who want to offer a broader range of products to their customers."

Ikanos expects to have new gateway designs that combine the Fusiv products with its VDSL chipsets.