Qualcomm bets on superfast broadband over copper with latest acquisition
Qualcomm has entered into an agreement to acquire Ikanos Communications in order to speed up its efforts to build home gateways with integrated support for G.fast, which promises to offer hundreds of megabit per second over copper.If all goes according to plan, Ikanos will become part of the company’s Qualcomm Atheros subsidiary. Qualcomm seems keen on getting Ikanos, because it’s paying US$2.75 per share, compared to the $1.75 Ikanos’ shares were worth at the close of the market on Wednesday.Qualcomm’s plan is to combine its own Wi-Fi, powerline, small cell, and ethernet chipsets with Ikanos wired modem technology to create a more complete offering for home gateway products, it said.To read this article in full or to leave a comment, please click here