Ikanos Communications
| Company type | Public |
|---|---|
| Industry | Semiconductors, Software |
| Founded | December 10, 2001 |
| Founder | Behrooz Rezvani |
| Defunct | August 2016 |
| Fate | Acquired by Qualcomm Atheros |
| Headquarters | Fremont, California , United States |
| Products | Digital subscriber line (DSL) communication processors |
| Parent | Qualcomm Atheros |
Ikanos Communications, Incorporated operated as a provider of semiconductors and software, with its main office located in Fremont, California. Its offerings, such as digital subscriber line (DSL) communication processors, were embedded within customer premises equipment by telecommunications carriers and network hardware manufacturers.
History
Behrooz Rezvani, the founder and CTO of Ikanos, revealed on December 10, 2001, that he was serving as the editor for the IEEE draft standard concerning Ethernet in the first mile over copper.
On August 24, 2009, Ikanos completed the acquisition of Conexant's Broadband Access product division for roughly $54 million in cash and simultaneously secured a $42 million funding round led by Tallwood Venture Capital.
In June 2010, John Quigley took over the CEO position from Michael Gulett, representing the company's fifth executive transition within a six-year span.
A shareholder lawsuit from 2012 was reinstated by a U.S. appeals court, accusing Ikanos of not disclosing semiconductor defects known at the time of its 2006 initial public offering.
Qualcomm Atheros purchased Ikanos in August 2015 for approximately $47 million and assumed $20 million in liabilities. Following this acquisition, Qualcomm Atheros terminated Ikanos's operations in August 2016.