Intel said it agreed to buy Texas Instrument’s cable modem...
Intel said it agreed to buy Texas Instrument’s cable modem business. Intel will bring its experience designing system-on-a-chip products using its Intel Atom processors to make advanced set-top boxes, residential gateway devices and cable modems, it said. “This acquisition specifically…
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strengthens Intel’s product offering for the continuum of cable gateway products and reinforces Intel’s continued commitment to the cable industry,” said Bob Ferreira, general manager of the cable segment of Intel’s Digital Home Group. Intel offered jobs to all of TI’s cable modem team employees at sites in their home countries, it said. Intel said it expects the deal to close before January. Further terms weren’t disclosed.