Liney Group Report: Intellon Corp. Named Fastest Growing Company
May 21, 2009 (Close-Up Media via COMTEX) --
Company: Intellon Corp (ITLN)
Intellon Corp., a provider of HomePlug-compatible integrated circuits (ICs) for home networking, networked entertainment, Ethernet-over-Coax (EoC) and smart grid applications, is named the fastest growing company among the top-25 suppliers of wired-communications chips according to The Linley Group report published on April 29.
Intellon is the global sales company involved in producing HomePlug-compatible powerline communications ICs. Intellon's HomePlug-based ICs are used by over 45 service providers in Asia, Europe and the Americas for a variety of applications including Internet Protocol Television (IPTV), movies on demand and Internet and Wi-Fi extension.
"Video, gaming and other content coming into the home through new Internet-based services are driving the need for fast in-home distribution that delivers entertainment-grade performance and is easy to install without new wiring," said Rick Furtney, president and COO of Intellon Corp. "Intellon's HomePlug-based powerline technology is a reliable, carrier-proven and globally-deployed powerline solution that brings the advantages of wired broadband connections throughout a home."
"Sales of home-networking chips grew robustly in 2008 despite overall industry revenue from wired-communications semiconductors being nearly unchanged compared with 2007," said Joseph Byrne, senior analyst with The Linley Group. "One of the larger suppliers of home-networking technology, powerline specialist Intellon increased its product revenue 44 percent in 2008 and grew to rank among the top 25 suppliers of communications ASSPs."
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Company: Intellon Corp (ITLN)
Related terms: asia, bandwidth, carrier, communications, entertainment, Ethernet, europe, internet, networking, president, revenue, sales, semiconductors, technology, television, video, wisconsin
