Maxlinear Overview
MaxLinear Inc is a fabless system-on-a-chip product company, designing highly integrated, radio-frequency, and mixed-signal communications integrated circuits for broadband and infrastructure applications. MaxLinear Israel Ltd,the development center, was opened in 2016. The center is based on the Israeli start-up Provigent, which MaxLinear acquired from Broadcom in 2016. The center develops wireless broadband communications chips for large mobile phone companies. In 2018, the center was closed but it was opened again in 2020 following the sale of Intel's Home Gateway Platform Division to MaxLinear.
Latest News
growth-negative
Intel sells division with 200-300 Israeli employees
Intel is selling its Home Gateway Platform Division to MaxLinear for $150 million. The division produces Wi-Fi Access Points, Ethernet, and Home Gateway SoC products. The sale is part of Intels focus on its core business. MaxLinear expects the acquisition to add $60-70 million to its quarterly revenue. The transaction is expected to close in the third quarter of 2020. The division employs an estimated 1,000 people, with 200-300 in Israel. MaxLinear closed its development center in Herzliya eighteen months ago. Intels fabs continue to work. MaxLinears market cap rose to over $1 billion after a 31.53% increase in its share price. The company had a market cap of $800 million before the increase.
AcquisitionLayoffs
growth-negative
Maxlinear closing down Israel development center
Maxlinear, a US communications components company, has closed down its development center in Herzliya, Israel and laid off all but five of its employees. This downsizing is part of the companys activity reduction in Israel over the past two years. Maxlinear acquired Israeli startup Provigent from Broadcom in 2016 for $88 million. Provigent, which developed wireless broadband communications chips, had 150 employees at the time of acquisition. Maxlinear laid off 70 of Provigents employees and kept 50 as employees of its development center in Israel. The remaining 25 employees were laid off recently, leaving only five employees who will continue working for Maxlinear at WeWork.
Layoffs
Team Members
2
Employees: 51-200
Web & Social Links
| Website | www.maxlinear.com/ |
Locations
Ha-Menofim St 10, Herzliya, Israel
California, USA
Photos & Videos
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Maxlinear Business
Business models
—
Product stage
—
Employees
51-200
Sector
—Target Customer
—Core Technology
—Tags (3)
broadbandrf-technologysemiconductorsMaxlinear Financials
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Total funding
—
Capital raised
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Last funding
—
Funding stage
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Total rounds
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Investors
Maxlinear Lifecycle
Maxlinear News
2 articles
growth-negative
Intel sells division with 200-300 Israeli employees
Intel is selling its Home Gateway Platform Division to MaxLinear for $150 million. The division produces Wi-Fi Access Points, Ethernet, and Home Gateway SoC products. The sale is part of Intels focus on its core business. MaxLinear expects the acquisition to add $60-70 million to its quarterly revenue. The transaction is expected to close in the third quarter of 2020. The division employs an estimated 1,000 people, with 200-300 in Israel. MaxLinear closed its development center in Herzliya eighteen months ago. Intels fabs continue to work. MaxLinears market cap rose to over $1 billion after a 31.53% increase in its share price. The company had a market cap of $800 million before the increase.
AcquisitionLayoffs
growth-negative
Maxlinear closing down Israel development center
Maxlinear, a US communications components company, has closed down its development center in Herzliya, Israel and laid off all but five of its employees. This downsizing is part of the companys activity reduction in Israel over the past two years. Maxlinear acquired Israeli startup Provigent from Broadcom in 2016 for $88 million. Provigent, which developed wireless broadband communications chips, had 150 employees at the time of acquisition. Maxlinear laid off 70 of Provigents employees and kept 50 as employees of its development center in Israel. The remaining 25 employees were laid off recently, leaving only five employees who will continue working for Maxlinear at WeWork.
Layoffs
Maxlinear Team
Employee Info
| Employees (range) | 51-200 |
| Exact count | 127 |
| Team members | 2 |
Similar Companies
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Maxlinear Internal
Recent Updates
Eran Levin
· eranl@sncentral.org · Automatic · 2024-12-05 14:57:54.000000
Eran Levin
· eranl@sncentral.org · Automatic · 2025-02-06 12:42:06.000000
Eran Levin
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Eran Levin
· eranl@sncentral.org · Automatic · 2024-02-13 06:45:55.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2024-07-30 11:16:19.000000
Maor Perlov
· maor.perlov@sncentral.org · Automatic · 2024-07-30 11:14:48.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2024-07-30 11:18:04.000000
Maor Perlov
· maor.perlov@sncentral.org · Manual · 2024-07-30 11:16:19.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2022-07-18 06:37:12.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2022-08-07 07:31:03.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2022-08-07 07:49:39.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2022-07-18 06:37:53.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2022-07-18 06:43:13.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2022-07-18 06:43:13.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2022-07-18 06:43:13.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2022-07-18 06:43:13.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2022-07-18 06:43:13.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2022-07-18 06:43:13.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2022-07-18 06:39:31.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2022-07-18 06:40:02.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2022-07-18 06:41:10.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2022-07-18 06:41:10.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2022-08-07 07:33:15.000000
Maor Perlov
· maorperlov@gmail.com · Manual · 2022-08-07 07:29:58.000000
Yamila Silbert
· yamila.urwicz@gmail.com · Manual · 2018-12-30 07:53:16.000000
Yamila Silbert
· yamila.urwicz@gmail.com · Manual · 2018-12-30 07:53:16.000000
Yamila Silbert
· yamila.urwicz@gmail.com · Manual · 2018-12-30 07:53:16.000000
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Admin Info
| Confidence | 68/100 |
| Missing | product stage, sector, business model, video or image, funding rounds, markets, not claimed |
| BI Verification | Jenny Sotnik-Talisman |
| Crunchbase | maxlinear |
| Phone | +972774449890 |
| Creator | Yamila Silbert |
| Creator email | yamila.urwicz@gmail.com |
| Last updater | Maor Perlov |
| Updater email | maorperlov@gmail.com |
| Last update | 2022-08-07T00:00:00.000Z |
| Created | 2018-12-30T00:00:00.000Z |
| Status detail | Public on NYSE on Mar, 2010; |