14 DAY TRIAL // Intel recently made a strong push on the flash storage market and has been quite arduously developing solid state drives, but it now appears to be planning a push in another area, that of providing voice, video and data content in homes, by acquiring the cable modem unit of Texas Instruments.
Intel has already made several acquisition and added the resources to its Digital Home Group, and this latest one should enable service providers to improve content experience for home users.
What will happen is that the Santa Clara, California-based chip giant will merge the Puma product lines with its DOCSIS (Data Over Cable Service Interface Specification) technology and Intel SoCs (system-on-chip).
This should let it create advanced residential gateways, modem products and set-top boxes, so that cable OEMs might finally have an open platform powerful enough to deliver new and improved differentiated products.
"Adding the talents of the Texas Instruments' cable team to Intel's efforts to bring its advanced technology to consumer electronics makes for a compelling combination," said Bob Ferreira, general manager of the Cable Segment at Intel's Digital Home Group.
"Intel is focused on delivering SoCs that provide the foundation for consumer electronics devices such as set top boxes, digital TVs, Blu-ray disc players, companion boxes and related devices,” Mr. Bob Ferreira added.
“This acquisition specifically strengthens Intel's product offerings for the continuum of cable gateway products and reinforces Intel's continued commitment to the cable industry," he concluded.
As far as the employees of the branch about to be bought off go, they have received offers to join Intel at sites in their home countries, particularly Israel.
Finally, the transaction is slated to be completed by the end of this year's fourth quarter, after it has gone through the necessary regulatory review and met all customary closing conditions of course.