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Intel sells home gateway business to Maxlinear for USD 150 mln cash

2020-04-06 16:17:00| Telecompaper Headlines

(Telecompaper) MaxLinear has agreed to buy Intel's connected home unit for USD 150 million in cash. The Home Gateway Platform division includes chips for Wi-Fi access points and Ethernet and home gateway products. MaxLinear said the acquisition will complement its existing portfolio, bringing together a complete and scalable platform of connectivity and access service products for existing customers, and creating potential new revenue opportunities in adjacent target end-markets.

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