Infineon Acquires Texas Instruments' DSL CPE Business
June 25 2007 - 2:00PM
Business Wire
Infineon Technologies (NYSE:IFX) (FWB:IFX) today announced the
planned acquisition of Texas Instruments� DSL Customer Premises
Equipment (CPE) business. The transaction is expected to close in
the summer of 2007. Texas Instruments is a well-established
provider of DSL CPE products with field deployments at major
carriers worldwide. �Combining Texas Instruments� DSL CPE products
with Infineon�s innovative roadmap leads to a unique end-to-end
offering for DSL customers,� said Prof. Dr. Hermann Eul, Executive
Vice President of the Infineon Management Board and President of
the Communication Solutions business group. Infineon plans to
continue supporting Texas Instruments� product portfolio and
existing customer designs while leveraging the acquired experience
in future product generations. �We recognize Infineon�s strong
commitment to the DSL business. This transaction gives our
customers continuity of the product line, continuity of customer
support and a strong DSL roadmap,� said Dennis Rauschmayer, General
Manager of TI�s Residential Gateway business. �TI is fully
committed to support the transition of the business and the
customer service transition to Infineon, ensuring a positive
customer experience.� DSL � Solution for Communications with a
Future The accomplishments of the digital age � which include
calling over the Internet and downloading music, TV and movies from
the Internet onto your PC � continue to require more bandwidth.
Various communication technologies that were once separate are now
converging. For instance, network operators worldwide are now
upgrading their networks, and customers are using more powerful
access devices, such as home gateways and routers, to obtain easy
access to a wide range of different transmission standards.
Infineon Wireline Access Portfolio Infineon serves the entire DSL
value chain from terminal equipment to street cabinets to the
Central Office (CO). Infineon�s wireline access portfolio currently
includes products ranging from ADSL/2/2+ to integrated voice/data
(IVD), SHDSL, VDSL2 and VoIP solutions. Leveraging its product
offerings in the CO arena, Infineon also offers a broad portfolio
of xDSL routers, VoIP, IP telephony, WLAN and Ethernet switching
ICs ideal for broadband CPE applications. About Infineon Infineon
Technologies AG, Neubiberg, Germany, offers semiconductor and
system solutions addressing three central challenges to modern
society: energy efficiency, connectivity and security. In fiscal
year 2006 (ending September), the company achieved sales of
Euro�7.9 billion�(including Qimonda sales of Euro 3.8 billion) with
approximately�42,000 employees worldwide (including approximately
12,000 Qimonda employees). With a global presence, Infineon
operates through its subsidiaries in the US from Milpitas, CA, in
the Asia-Pacific region from Singapore, and in Japan from Tokyo.
Infineon is listed on the Frankfurt Stock Exchange and on the New
York Stock Exchange (ticker symbol: IFX). Further information is
available at www.infineon.com. This news release is available
online at http://www.infineon.com/news/ For the Finance and
Business Press: INFXX200706.065e
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