Lantiq acquires IP and assets from Metalink

The deal is expected to close at the end of January. The purchase price is up to US $16.9 million; including an $8.9 million initial payment and an up to $8 million additional payment based on future performance. Lantiq also announced the establishment of a technical competence center in Yakum, Israel, where a team of about 50 experienced engineers will drive innovation. Lantiq will integrate the technology in its existing roadmap and future products. In addition to reference designs, first ICs produced in 65nanometer process technology are already sampling and will be available for mass production in spring 2010.