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Broadband chipset co CopperGate buys Conexant technology: The company now owns technologies supporting all three wire types - coax, phone and power...
(Globes Via Acquire Media NewsEdge) May 11--Chipset maker CopperGate Communications Ltd. has acquired the AV powerline technology of Conexant Systems Inc. (NYSE: CNXT). The company did not disclose the value of the contract. The sale includes all Conexant's relevant power line technology and silicon products, related patents, appropriate licenses, and personnel, who will join the CopperGate R&D operations in Southern California. The company makes chipsets for broadband access and networking for home entertainment applications such as high definition-enabled IPTV, and VOD, and it now owns technologies supporting all three wire types -- coaxial, phone and power lines.
CopperGate CEO Gabi Hilevitz said, " Adding power line technology to our 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. We are not limited to a single wire, a single technology standard or a single way of thinking."
G.hn is the working group name for the next generation global home networking standard being created within the ITU Telecommunication Standardization Sector (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.
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