Intel to Acquire Lantiq; Advancing the Connected Home

Santa Clara, Calif. and Munich, Feb. 2, 2015

Intel Corporation has signed a definitive agreement to acquire our Ressel Center project partner Lantiq, as a leading supplier of broadband access and home networking technologies. The transaction is subject to customary closing conditions and regulatory approvals. The transaction is expected to close in approximately 90 days. Deal terms were not disclosed.