Intel buys TI's cable modem business

Intel said it has signed an agreement to acquire Texas Instruments' cable modem product line.

The chip maker reckons the deal will enhance its focus on the cable industry and related consumer electronics market segments, meaning system-on-chip products, based on its Atom processors.

New products in the pipeline will include set-top boxes, gateways and modems for the cable industry, based on TI's Puma product lines with the Data Over Cable Service Interface Specification (DOCSIS) standard technology and Intel SoCs.

The objective is to provide cable OEMs with an open and powerful platform for delivering innovative and differentiated products to service providers that improve the video, voice and data content experience at home, the firm said.

In a statement, Bob Ferreira of Intel's Digital Home Group, reckoned the "talents" of the Texas Instruments' cable team would add to "Intel's efforts to bring its advanced technology to consumer electronics."

"In the future, we plan to power the Puma product with the Intel Atom processor as well as to incorporate the product technology into future Intel SoC (system-on-chip) and platform designs," Intel said in a related statement.

Most of Texas Instruments' cable modem team are based in Israel and all, according to Intel, have received offers to join Intel at sites in their home countries. They will become part of Intel's Digital Home Group if they take up the offer.

Financial details of the deal were not disclosed. It is expected to close before the end of 2010.