Some of the finest engineers are sending out resumes. The rumor is true - yet one more extraordinary chip outfit is gone. August 1, the entire division was told they are out of work on August 22. Founder Behrooz Rezvani emails, "It's a shame how it all came to an end. Ikanos was truly the leader in 2005 at the time of its IPO ... Ii felt it could keep up with changing times ... we were the first to do 100mbps downstream and 50 mbps upstream." They demonstrated 100/50 29 March 2004, the same day John Chapman and John Cioffi offered a roadmap to a gigabit on DSL and cable at FNF.
Qualcomm was hopeful when they bought Ikanos last August, release below. The company named Ikanos was one of the first two in the world to develop 100 megabit VDSL back in 2003. A few years ago, Dado Banatao of Tallwood VC, brought together the old Ikanos and Conexant/Globespan/Virata, who had pioneered DSL chips last century. They added Centillium, the first to extend ADSL2+ to 40 megabits and used that to dominate the Japanese market.
G.fast chips, the remaining hope, are starting to sell, but neither the market nor the chips Ikanos has been working on developed quickly enough.