Ikanos to Buy Centillium’s DSL Unit

The deal leaves Centillium with integrated circuits and related software for FTTP central office and CPE and VoIP packages for carrier and enterprise gateways and consumer telephony.

"The sale of our DSL business will allow us to focus our resources on Optical and VoIP, our two key growth businesses," said Faraj Aalaei, co-founder and CEO. "We believe that with this targeted focus, we will better serve our customers, reduce our operating loss and improve our prospects.”

Ikanos expects to complete the transaction, subject to the satisfaction of certain conditions, by the end of next month.

Centillium Communications Inc. www.centillium.com
Ikanos Communications Inc. www.ikanos.com

Share this article: Email, Slashdot, Digg, Del.icio.us, Yahoo!MyWeb, Windows Live Favorites, Furl
Add this article feed to: RSS, My Yahoo, Newsgator, Bloglines