Intel Acquires Stanford Telecom's TCP Division

Strategic Insights -

Newbridge Networks and Stanford Telecommunications announced that Intel, the world's largest chip manufacturer, has acquired Stanford Telecom's Telecom Component Products (TCP) division, a Sunnyvale, CA-based company that provides silicon components for head-end equipment used by cable companies and broadband wireless service providers, as well as customer premise equipment (CPE) such as cable modems and set-top boxes. This transaction allows Newbridge to retain access to the silicon components required for the Wireless Broadband Products group. The deal is expected to enhance the attractiveness of Newbridge's broadband wireless solution and accelerate deployments in the industry by driving down costs and facilitating multi-vendor interoperability.

Key Takeaways:

  • Intel has acquired Stanford Telecom's TCP division, a Sunnyvale, CA-based company that provides silicon components for head-end equipment and CPE such as cable modems and set-top boxes.
  • The transaction allows Newbridge to retain access to the silicon components required for the Wireless Broadband Products group.
  • Newbridge and Intel will work together to define and develop subsequent generations of advanced silicon for broadband wireless.
  • The two companies will also jointly promote further standardization in broadband wireless.
  • Stanford Telecom's TCP division provides silicon components for head-end equipment used by cable companies and broadband wireless service providers.
  • Newbridge announced on June 22, 1999, that it had signed a definitive agreement to acquire Stanford Telecom, a leading supplier of key broadband wireless technologies and products.

Statistics:

  • Intel is the world's largest chip manufacturer.
  • Newbridge employs over 6,000 people on six continents.
  • Newbridge has customers in over 100 countries, including the world's 350 largest telecommunications service providers and over 10,000 corporations, government organizations, and other institutions.
  • Stanford Telecom was founded in 1973.
  • Newbridge was founded in 1986.
  • The TCP division provides socket components for CPE, such as cable modems and set-top boxes.

Sources:

  • Business Wire, "Newbridge Networks and Stanford Telecommunications Announce Agreement for Intel to Acquire Stanford Telecom's Telecom Component Products Division" (Sept. 23, 1999)
  • Business Wire, "Newbridge Networks Signs Definitive Agreement to Acquire Stanford Telecom" (June 22, 1999)
  • Intel, "Intel Pressroom"
  • Stanford Telecom, "News and Information"
  • Newbridge Networks, "News and Information"