Intellon expands powerline chips share, IP by buying Cogency

Intellon says the deal gives it a 95% share of the global market for HomePlug 1.0 integrated circuits.

Financial details of the deal were not revealed.

As a result of the transaction, 18 Cogency employees, mainly engineers, will be joining a new Intellon office in Toronto. Additional employees will be added to the Toronto office during this year, as well as at Intellon's offices in Ocala, Florida and San Jose, California.

Cogency President and Chief Executive Officer Ron Glibbery, will become president of Intellon and Keith Riley, Cogency's Vice President of Engineering will assume the same title with Intellon.

"This important transaction consolidates the best powerline expertise in the world at Intellon", said Charlie Harris, Chairman and CEO of Intellon

The combined teams will work on the development of Intellon's next generation PowerAV chipsets that will support transmission speeds in excess of 100 Mbit/s, allowing transmission of multiple audio, standard-definition video and HDTV video streams over powerlines, with better bandwidth, coverage and reliability than existing wireless technologies.

The PowerAV technology has been selected to be part of the baseline technology for the HomePlugAV specification being developed by the HomePlug Powerline Alliance.