MaxLinear to acquire Intel's Home Gateway Platform Division for $150 million

MaxLinear entered a definitive agreement to acquire Intel's Home Gateway Platform Division for $150 million in cash. The division includes Wi-Fi Access Points, Ethernet, and Home Gateway SoC products. The transaction is expected to close in Q3 2020.

“MaxLinear would, subject to customary closing conditions, acquire Intel’s Home Gateway Platform Division assets in an all-cash, asset transaction valued at $150 million.”investors.maxlinear.com

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• investors.maxlinear.comMaxLinear to acquire Intel’s Home Gateway Platform Division :: MaxLinear, Inc. (MXL)Apr 6, 2020

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