Tioga buy gives STM a DSL boost
Chipmaker STMicroelectronics has acquired the intellectual property and DSL chipset product portfolio of Tioga Technologies for $10 million.
The transaction calls for ST to take ownership of Tioga's soon-to-be-introduced xDSL products.
ST also has an option to purchase all outstanding shares or assets of Tioga by next January 15 for an additional $12 million, which could be adjusted in the future, depending on market conditions.
ST will acquire Tioga's highly integrated asymmetric DSL multi-channel processor for central office applications. When used together with ST's existing line of advanced analog front-end and power-efficient line drivers, this chipset provides a compact and power-efficient solution.
ST already offers a broad range of ADSL products, primarily for home use, which deliver fast Internet and high-quality video. ST will also introduce new xDSL chipsets for the SHDSL (symmetric high bit rate DSL) standard where the data moves at the same rate in either direction between the central office and subscriber.
ST has also been developing a chipset for the high-speed VDSL (very high bit-rate DSL) standard that will deliver data at rates up to 52 Mbps downstream from the central office and 13 Mbps upstream from the subscriber over short distances.