According to the company the buy will “enhance Intel’s focus on the cable industry and related consumer electronics (CE) market segments”. It said its “expertise in building advanced system-on-chip (SoC) products, based on Intel Atom processors, will be applied.”
Intel said it planned to combine Texas Instruments’ Puma product lines and Data Over Cable Service Interface Specification (DOCSIS) standard technology with its SoCs in a bid to deliver advanced set top boxes, residential gateways and modem products for the cable industry.
It added this would provide cable OEMs with an “open and powerful platform for delivering innovative and differentiated products to service providers that improve the video, voice and data content experience at home.”
Bob Ferreira, general manager, Cable Segment, Intel’s Digital Home Group, said: “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.
“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. 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.”
The agreement is subject to regulatory review and customary closing conditions. It is expected to close in the fourth quarter of 2010.