T-Venture, the venture capital company of Deutsche Telekom, has made a strategic investment in Lantiq, which specializes in next-generation access and home networking technologies. Financial terms were not disclosed.
"We are pleased to announce that we have taken our relationship with Deutsche Telekom Group to the next level with this investment, and our partnership will help drive our products and technology roadmap for the benefit of our customers and the industry," stated Christian Wolff, CEO of Lantiq. "Deutsche Telekom is one of the world's leading carriers defining and driving the architecture of next generation networks. The investment in Lantiq demonstrates trust and enthusiasm in our business strategy and technology portfolio, and we look forward to working together."http://www.lantiq.com
- In November 2009, Lantiq began operations as independent company. The new entity was created through the sale of Infineon Technologies Wireline business unit to US-based investor Golden Gate Capital. It has since acquired Metalink's WLAN division and the home networking and DSL-related assets of Aware.