CopperGate Communications Buys HomePlug AV Powerline Technology
from Conexant Systems, Inc.
Leads way towards next home networking standard, G.hn
TEL AVIV, Israel & NEWARK, Calif. (Business Wire EON) May 7, 2008 --
CopperGate Communications, the
Everywire Home Networking Company™, today
announced the purchase of the HomePlug AV business from Conexant
Systems, Inc. (NASDAQ:CNXT). CopperGate is now the first
semiconductor company with home networking technologies supporting all
three wire types – coax, phone and power lines.
CopperGate acquired the HomePlug AV business from Conexant including all
relevant power line technology and silicon products, related patents,
appropriate licenses, and requisite personnel. Former Conexant employees
will become part of the CopperGate team and will expand the company’s
R&D initiatives in Southern California. The terms of the deal were not
disclosed.
CopperGate is already the leading provider of HomePNA
compliant chipsets, the dominant coax and phone wire standard for IPTV
installations and the company remains strongly committed to the HomePNA
standard.
“Adding power line technology to our HomePNA
coax and phone line technology opens up many new markets globally and
better prepares the company for the exciting new ITU
home networking standard, G.hn,” said Gabi
Hilevitz, Chief Executive Officer of CopperGate. “We
are not limited to a single wire, a single technology standard or a
single way of thinking. Now, service providers globally will receive
greater choice, flexibility, capability and value from one leader –
CopperGate.”
G.hn is the working group name for the next generation global home
networking standard being created within the ITU-T. With G.hn, coax,
phone wires and power lines will all be supported by a single standard.
Today, there are twenty-five active global members of G.hn including
AT&T, Verizon, France Telecom, Intel and TI and the group recently began
meeting monthly due to strong interest and increased contributions. The
G.hn foundation specification is expected by the end of 2008.
“It’s very
important that power line technology is now being included in
international standards bodies like the ITU and IEEE,
helping to promote a common power line networking approach worldwide,”
said Jaime Fink, Vice President of Technology and Strategy, 2Wire, Inc. “CopperGate's
acquisition of power line technology should help accelerate delivery of
the 3-wire capable G.hn standard that carriers want.”
“For a number of years, it has been In-Stat's
position that service operators desire to use multiple existing-wire
mediums to offer them flexibility and cost-effectiveness for video
distribution deployments. The capability to use two mediums (a pair) is
an advantage compared to one medium, and three mediums ‘beats
a pair,’" observed Joyce Putscher, Principal
Analyst at market research firm In-Stat.
“We at iSuppli are very bullish on G.hn. It
makes a lot of sense for the market and with the Conexant acquisition,
CopperGate appears to now have all the pieces necessary to become an
early leader with compliant products in the market,”
added Steve Rago, Principal Analyst at the market analyst firm iSuppli. “It’s
pretty significant news.”
About CopperGate
CopperGate Communications, the Everywire Home Networking Company™
develops high performance chipsets for broadband access and networking
for high fidelity home entertainment applications such as HD-enabled
IPTV, multi-room DVRs, and video on demand (VOD). As a leader in
multi-wire home networking, only CopperGate is capable to offer both
HomePNA and HomePlug technology for use in individual homes and
multi-dwelling and multi-tenant units (MDU/MTU) worldwide. CopperGate
chipsets have been deployed by leading triple-play service providers
representing nearly 100 million lines and have already connected over
15,000 miles of coax. Founded in 2000, CopperGate is headquartered in
Tel Aviv, Israel with offices in the United States, Taiwan, Korea, China
and Japan.
For more information, please visit www.copper-gate.com.
Reader Contact Information
North America:
CopperGate Communications, 39899 Balentine Drive, Suite 355, Newark, CA
94560
Tel: 510-656-8500, info@copper-gate.com.
Europe and Asia:
CopperGate Communications, 34 Habarzel St., 69710 Tel Aviv, Israel
Tel: +972 3-644-4488, info@copper-gate.com.
Everywire Home Networking Company is a trademark of CopperGate
Communications in the U.S.A. and other countries. All other trademarks
mentioned herein are believed to be trademarks of their respective
owners.
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