T-Venture, the venture capital company of Deutsche Telekom has invested an undisclosed amount in fabless semiconductor vendor, Lantiq. With revenue of more than US$450 million in 2009, Lantiq is the second largest fabless semiconductor company in Europe.
"We are pleased to announce that we have taken our relationship with Deutsche Telekom Group to the next level with this investment, and our partnership will help drive our products and technology roadmap for the benefit of our customers and the industry," stated Christian Wolff, CEO of Lantiq. "Deutsche Telekom is one of the world's leading carriers defining and driving the architecture of next generation networks. The investment in Lantiq demonstrates trust and enthusiasm in our business strategy and technology portfolio, and we look forward to working together."
"Continuing to expand and improve broadband infrastructure is a priority for Deutsche Telekom. We are convinced of the great potential that Lantiq's innovative semiconductor solutions offer," said Bruno Jacobfeuerborn, Member of the Board of Management T-Home, Technology, and Managing Director Technology, T-Mobile Germany. "Lantiq's innovative technology portfolio and future product and market roadmaps perfectly match Deutsche Telekom's needs. Both parties involved can profit from the investment - in terms of technology as well as market success."
According to the most recent market research data from iSuppli for 3Q09, Lantiq ships 34% of all xDSL ports worldwide, which positions the company as a leading provider for wireline access networks.
By agreement, the terms of the deal remain undisclosed.
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