Tuesday, February 12, 2008

Ikanos Completes Purchase of Centillium's DSL Assets

Ikanos Communications completed its purchase of Centillium's DSL technology and assets in an all-cash transaction valued at approximately $12 million.

"Ikanos is well positioned to capitalize on the worldwide trend towards interactive broadband," said Michael A. Ricci, Ikanos' president and CEO. "We believe that the purchase of DSL assets and technologies from Centillium will enable us to accelerate our introduction of innovative, leadership products for the digital home and access infrastructure."http://www.ikanos.com/

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