BEDFORD, Mass., Jan. 12 /PRNewswire-FirstCall/ -- Aware, Inc. , a worldwide leader and innovator of broadband intellectual property, today announced Ikanos Communications, Inc. as an Aware licensee, subject to the closing of Ikanos' purchase of the network processor and ADSL ASIC product lines of Analog Devices, Inc. (ADI). Ikanos announced earlier today that it intends to acquire certain products that ADI and Aware have co-developed based upon Aware's technology, including the market-leading StratiPHY2+(TM)-based CPE (customer premises equipment) ADSL2+ products.
"ADSL2+ is an important mainstream broadband technology, and we are excited about strengthening our product portfolio through the addition of Aware's StratiPHY2+ technology," said Rajesh Vashist, chairman and CEO of Ikanos Communications. "We look forward to working with Aware to support the customer base, and to bring new products to market to meet evolving customer needs."
"We are pleased to have Ikanos as a licensee of our StratiPHY2+ technology," commented Michael Tzannes, CEO of Aware. "With our new relationship with Ikanos, we look forward to a seamless transition and to working with Ikanos to continue supporting their customers and bringing new technologies to the market."
Aware's StratiPHY2+ intellectual property has achieved broad acceptance in the marketplace. It contains all the requisite technology for semiconductor and vertically integrated system vendors to rapidly incorporate ADSL2/2+ into their customer premises equipment (CPE) product offerings. Over 2.5 million ADSL2+ CPE units based upon StratiPHY2+ have shipped, primarily in Europe to France Telecom. StratiPHY2+ is the DSL engine that drives ADI's EaglePLUS(TM), EagleIV and Fusiv-AT(TM) ADSL2/2+ CPE chipsets. StratiPHY2+ is compliant with ADSL2 and ADSL2+ as well as legacy ADSL ITU standards.
Subject to the closing of the purchase agreement, Ikanos is acquiring all the rights and obligations associated with the Aware technology licensed by ADI. Compensation to Aware associated with the purchase of ADI's product lines was not disclosed.
About Aware
Aware, Inc. designs, develops, licenses and markets DSL technologies that enable broadband communications over existing telephone networks. Its solutions, including splitterless G.lite, full-rate ADSL, ADSL2, ADSL2+, VDSL2, Bonded ADSL2+, Dr. DSL(R), StratiPHY(TM), StratiPHY-Bonded(TM), StratiPHY2+(TM), StratiPHY3(TM) and G.SHDSL, address central office as well as customer premise requirements. Aware is also a leading provider of standards- based biometric transaction and image compression software toolkits. More information can be found at http://www.aware.com/.
Safe Harbor Warning
Portions of this release contain forward-looking statements regarding future events and are subject to risks and uncertainties, such as estimates or projections of future revenue and earnings and the growth of the DSL market. Aware wishes to caution you that there are factors that could cause actual results to differ materially from the results indicated by such statements. These factors include, but are not limited to: we have a unique business model, our quarterly results are difficult to predict, we depend on a limited number of licensees, we derive a significant amount of revenue from a small number of customers, we depend on equipment companies to incorporate our technology into their products, we face intense competition from other DSL vendors, DSL technology competes with other technologies for broadband access, and our business is subject to rapid technological change. We refer you to the documents Aware files from time to time with the Securities and Exchange Commission.
Dr. DSL, StratiPHY, StratiPHY2+, StratiPHY3, and StratiPHY-Bonded are trademarks or registered trademarks of Aware, Inc. EaglePLUS and Fusiv are trademarks or registered trademarks of Analog Devices, Inc. Any other trademarks appearing herein are the property of their respective owners.
