
Ikanos Communications has agreed to acquire he Broadband Access product line from Conexant Systems for $54 million in cash and the assumption of certain employee and facility related liabilities. Ikanos and Conexant account for a cumulative 330 million broadband access ports shipped to date. Conexant's Broadband Access product line has traditionally been strong in North America and China while Ikanos has led in Japan, Korea and Europe. The combined...