Broadcom buys Gigle for $75M
Broadcom is snapping up powerline networking chip designer Gigle Networks for about $75 million.
With the acquisition, Broadcom, a key supplier of chips for set-top boxes, will be able to integrate HomePlug connectivity. Gigle Networks' powerline networking technology is HomePlug AV certified and is designed to be compliant with the IEEE 1901 standard for high speed powerline communications.
The acquisition will also accelerate Broadcom's time to market for G.hn, a new draft specification for existing-wire home networking, developed under the International Telecommunication Union (ITU).
The purchase amounts to additional confirmation that no single home networking solution, wireless (mostly WiFi) or wireline (coax, Ethernet, phone or power), is going to be adequate in all circumstances in every home. Rather, consumers and their service providers are going to need a variety of options, and they'll use whatever combination is most appropriate for each site.
"With the addition of Gigle Networks' powerline technology, and our proven ability and extensive experience in supporting the multiple methods to connect devices including Ethernet, Wi-Fi, MoCA and DLNA, Broadcom is able to offer service providers and device manufacturers a variety of ways to deploy a whole-home connected environment," said Dan Marotta, executive vice president & general manager of Broadcom's Broadband Communications Group.