Friday, November 26, 2010

Broadcom gets Gigle in home networking acquisition

Semiconductor firm Broadcom has agreed to acquire fellow chip company Gigle Networks for $75 million in cash--a deal that will have implications in the rapidly consolidating powerline home networking segment, as well as affecting the broader push toward home standard home networking.

, a privately-held company based in Barcelona, Spain, is a member of the HomePlug Powerline Alliance, which promotes the HomePlug AV specification for home networking. However, the company also has been working in the arena and should help speed Broadcom’s advances into both of these segments.

Broadcom will look to incorporate Gigle’s HomePlug chips, which are also IEEE 1901-compliant, into set-top boxes, routers and residential gateways manufactured by its equipment vendor partners.

For the complete article, please click here.

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