Cortina Systems Purchases Intel's Optical-Networking Components Business
SANTA CLARA, Calif., Sep. 11, 2006 - Cortina Systems Inc. and Intel Corporation today announced that they have completed the sale of product lines and associated assets of Intel's optical-networking components business to Cortina.
Cortina has emerged as a leading supplier of advanced communications semiconductor solutions for the carrier infrastructure market segment. The acquisition will give Cortina a large portfolio of enterprise and infrastructure communications products and will position it to become a leading communications semiconductor company. The sale will enable Intel to focus its investments on its core communications and embedded businesses, including Intel Architecture and network processors, modular communications platforms and optical modules. The transaction closed Friday after completing regulatory review.
Cortina has purchased a broad selection of Intel's Ethernet Media Access Controllers (MACs) and Physical Layer Devices (PHYs) portfolio, and its entire portfolio Transport and Service Framers, Optical transport Forward Error Correction (FEC) framers, and T1/E1 line interface products. READ MORE...