Speeding up Wireless LAN Applications: Infineon and NewLogic Sign Multi-Technology Cross-Licensing Agreement
Munich, Germany/Lustenau, Austria March 7, 2002 Infineon Technologies AG (FSE/NYSE: IFX), a leading provider of wireless systems and NewLogic Technologies AG, a leading provider of communications intellectual property, today announced the signing of an agreement for a multi-technology portfolio cross-licensing and royalty agreement encompassing Infineons and NewLogic's Wireless LAN (WLAN) Intellectual Property (IP).
WLAN, a standard for wireless access of the Internet and corporate networks, is quickly gaining acceptance by home PC and laptop users. In 2001 approximately 8 million PC/laptop units were equipped with WLAN technology. Dataquest is forecasting, that in 2005 50 million users will use WLAN technology. The cross-licensing agreement speeds up Infineons WLAN product development and it complements NewLogics IP portfolio. Driving forward the Wireless LAN market, it helps both companies to meet time to market requirements and the performance and pricing needs worldwide.
Under the terms of the agreement, Infineon will incorporate NewLogics wireless LAN IP, including IEEE 802.11a and 802.11b cores and software, into products targeting various application sectors in the wireless space. Furthermore Infineons advanced IEEE 802.11a signal processing technology becomes part of NewLogics Wireless LAN IP product line.
"This agreement will extend and elevate our long-standing relationship with NewLogic," said Ulrich Hamann, Chief Executive Officer of Infineon's Wireless Solutions Group. "NewLogic's broad portfolio of wireless intellectual property will contribute to the acceleration of Infineon's development of leading-edge products for tomorrow's mobile Internet services and will help to address the diversity of devices delivering these future services in all wireless applications".
"I am delighted that our long-standing relationship with Infineon has evolved to today's multi-technology agreement. This is our largest and most significant license agreement to date and greatly validates our long term license and royalty strategy with one of the world's largest semiconductor companies," said Hans-Peter Metzler, Chief Executive Officer of NewLogic. "Today's technology alliance leverages our collective strengths. Infineon is a leading provider of silicon for a broad range of applications such as communications and networking. By licensing today's platforms and cooperating on next generation product definition, we can deliver a comprehensive set of solutions into next generation high growth volume markets."
WLAN, a standard for wireless access of the Internet and corporate networks, is quickly gaining acceptance by home PC and laptop users. In 2001 approximately 8 million PC/laptop units were equipped with WLAN technology. Dataquest is forecasting, that in 2005 50 million users will use WLAN technology. The cross-licensing agreement speeds up Infineons WLAN product development and it complements NewLogics IP portfolio. Driving forward the Wireless LAN market, it helps both companies to meet time to market requirements and the performance and pricing needs worldwide.
Under the terms of the agreement, Infineon will incorporate NewLogics wireless LAN IP, including IEEE 802.11a and 802.11b cores and software, into products targeting various application sectors in the wireless space. Furthermore Infineons advanced IEEE 802.11a signal processing technology becomes part of NewLogics Wireless LAN IP product line.
"This agreement will extend and elevate our long-standing relationship with NewLogic," said Ulrich Hamann, Chief Executive Officer of Infineon's Wireless Solutions Group. "NewLogic's broad portfolio of wireless intellectual property will contribute to the acceleration of Infineon's development of leading-edge products for tomorrow's mobile Internet services and will help to address the diversity of devices delivering these future services in all wireless applications".
"I am delighted that our long-standing relationship with Infineon has evolved to today's multi-technology agreement. This is our largest and most significant license agreement to date and greatly validates our long term license and royalty strategy with one of the world's largest semiconductor companies," said Hans-Peter Metzler, Chief Executive Officer of NewLogic. "Today's technology alliance leverages our collective strengths. Infineon is a leading provider of silicon for a broad range of applications such as communications and networking. By licensing today's platforms and cooperating on next generation product definition, we can deliver a comprehensive set of solutions into next generation high growth volume markets."
About Infineon
Infineon Technologies AG, Munich, Germany, offers semiconductor and customized solutions for applications in the wired and wireless communications markets, for security systems and smart cards, for the automotive and industrial sectors, as well as memory products. With a global presence, Infineon operates in the US from San Jose, CA, in the Asia-Pacific region from Singapore and in Japan from Tokyo. In the fiscal year 2001 (ending September), the company achieved sales of Euro 5.67 billion with about 33,800 employees worldwide. Infineon is listed on the DAX index of the Frankfurt Stock Exchange and on the New York Stock Exchange (ticker symbol: IFX). Further information is available at www.infineon.com.
About NewLogic
NewLogic Technologies, headquartered in Lustenau, Austria, is a world leading supplier of Bluetooth and 802.11 Wireless LAN intellectual property cores as well as IC design services. In addition NewLogic offers IP integration services to help its customers achieve their aggressive time to market goals. Further information is available at www.newlogic.com.
Information Number
INFWS200203.054e