Business slimming again? Intel plans to sell its home connectivity chip unit to MaxLinear
According to lightreading reports, several industry sources said that Intel is in talks with American analog chip company MaxLinear and plans to sell its home connectivity chip unit to MaxLinear.
The first reporter of this news was Bloomberg. Bloomberg said that Intel and MaxLinear are discussing mergers and acquisitions, but so far, the two sides have not reached any agreement. Intel may still retain the division.
In addition, industry sources said that Intel is also considering the possibility of selling such a business to other companies, including Qualcomm and MediaTek.
It is understood that this department is used by Intel to produce chips for DOCSIS modems and gateways, as well as chips for WiFi and smart home products.
In fact, because Intel and MaxLinear maintain a long-term cooperative relationship with cable modem products, Intel's DOCSIS chipset and MaxLinear's front-end chips have been paired, so it makes sense to sell all or part of Intel's Home Connectivity Chip Division to MaxLinear.
As early as November 2019, it was reported that Intel is looking for buyers for its connected home chip unit, and Intel CEO Bob Swan has said that the company will streamline those uncompetitive business units. To that end, last year, they sold their baseband business to Apple for $ 1 billion. In addition, in the company's loss-making storage business, Bob Swan also released information on working with people.
It is understood that Intel's Home Connectivity Chips division has annual sales of approximately $ 450 million. Maxlinear is a California-based semiconductor company that provides a broad line of broadcast and network chips. The company's market value is approximately $ 1.3 billion.
The first reporter of this news was Bloomberg. Bloomberg said that Intel and MaxLinear are discussing mergers and acquisitions, but so far, the two sides have not reached any agreement. Intel may still retain the division.
In addition, industry sources said that Intel is also considering the possibility of selling such a business to other companies, including Qualcomm and MediaTek.
It is understood that this department is used by Intel to produce chips for DOCSIS modems and gateways, as well as chips for WiFi and smart home products.
In fact, because Intel and MaxLinear maintain a long-term cooperative relationship with cable modem products, Intel's DOCSIS chipset and MaxLinear's front-end chips have been paired, so it makes sense to sell all or part of Intel's Home Connectivity Chip Division to MaxLinear.
As early as November 2019, it was reported that Intel is looking for buyers for its connected home chip unit, and Intel CEO Bob Swan has said that the company will streamline those uncompetitive business units. To that end, last year, they sold their baseband business to Apple for $ 1 billion. In addition, in the company's loss-making storage business, Bob Swan also released information on working with people.
It is understood that Intel's Home Connectivity Chips division has annual sales of approximately $ 450 million. Maxlinear is a California-based semiconductor company that provides a broad line of broadcast and network chips. The company's market value is approximately $ 1.3 billion.