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IKAN - Ikanos Communications, Inc.

Ikanos Communications, Inc. logo Ikanos Communications, Inc. (IKAN) was a semiconductor company that designed and manufactured advanced broadband semiconductor and software products for the digital home. The company's products enabled carriers and service providers to deliver advanced broadband services to their customers, including high-speed internet, voice, and video. Ikanos Communications was based in Fremont, California.

Ikanos Communications is no longer a publicly traded company. In February 2016, Ikanos Communications was acquired by Qualcomm Atheros, a subsidiary of Qualcomm Incorporated, in a cash tender offer for all outstanding shares of the company's common stock. The acquisition was completed for $2.75 per share in cash, representing a total transaction value of approximately $47 million.

Prior to its acquisition, Ikanos Communications faced a number of challenges, including declining revenue and increasing competition in the semiconductor industry. The company had undertaken a number of initiatives to improve its financial position, including restructuring and cost-cutting measures.

The semiconductor industry is subject to various risks, including rapid technological change and increasing competition. However, Ikanos Communications' focus on advanced broadband semiconductor and software products for the digital home may have positioned it well for success in the future.

Prior to its acquisition, Ikanos Communications' stock was traded on the NASDAQ stock exchange under the ticker symbol IKAN. Investors should carefully consider their investment objectives, risk tolerance, and other factors before investing in any company in the semiconductor




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