Doradus’ Signal Processing Capabilities to Strengthen Ikanos’ Industry-Leading Broadband Solutions
Fremont, Calif., July 31, 2006— Ikanos Communications, Inc., (NASDAQ: IKAN), a leading developer and provider of Fiber Fast™ broadband solutions, today announced that it has entered into a definitive agreement to acquire Doradus Technologies Inc., a developer of advanced signal processing products for communications and consumer applications.
With the acquisition, Ikanos will add engineering talent and valuable technology for communications and digital TV applications. The Doradus team brings significant expertise in developing power- and spectrum-efficient signal processing products for high-performance wireline (DSL), wireless, and digital TV markets. Doradus’ DoraVision™ VSB/QAM demodulator, which is designed for digital TV applications, enables Ikanos to expand its offering of highlyintegrated, multi-functional triple play products.
“We believe that Doradus’ talent and intellectual property will enable Ikanos to deliver cuttingedge, highly-integrated products for converged triple play applications,” said Rajesh Vashist, chairman and CEO of Ikanos. “I’ve known and followed the Doradus team for the past several years and during that time they have demonstrated leadership with their products. We are pleased to have the Doradus team join Ikanos.”
“Ikanos’ leadership position in the broadband access market opens up significant opportunities for our digital TV and wireline intellectual property,” said Dr. Sam Heidari, CEO of Doradus Technologies. “We are excited to join Ikanos. Together, we believe we can extend our lead by developing and delivering innovative triple play products.”
Upon completion of the transaction, Ikanos will be adding a team of 7 engineers at its facilities in Fremont, California. Additional details on the acquisition will be provided during Ikanos’ Second Quarter 2006 Financial Results conference call and webcast scheduled for Monday, July 31, 2006, at 2:00PM Pacific Time.
About Ikanos Communications
Ikanos Communications, Inc. (NASDAQ: IKAN), develops chipsets that enable carriers to offer Fiber Fast™ bandwidth and high-speed network processing for enhanced triple-play services. Supporting transmission rates of up to 100 Mbps, Ikanos’ line of end-to-end silicon solutions power line terminals, CPE modems, and residential gateways for many of the world’s leading network equipment manufacturers. Ikanos’ solutions enable fast and cost-effective carrier rollouts of interactive broadband services including IPTV.
About Doradus Technologies Inc.
Doradus Technologies is a leading developer of advanced signal processing products for communications and consumer applications. More information is available at the company's website at www.doradus-tech.com.