Dan Moloney, the former president of Motorola Mobility, has joined the board of directors of Lantiq, a supplier of broadband chips and home networking gear. Moloney is well-known for his numerous leadership jobs at tech firms like Motorola and General Instruments.
Moloney (Source: Motorola)
Munich, Germany-based Lantiq makes chips for both wireless and wired platforms including DSL and Wi-Fi and LTE. The company is a spinoff of Infineon Technologies' wireline division that was formed in 2009 when Infineon sold its wireline division to equity investor Golden Gate Capital. The company appointed Dan Artusi as its new CEO in 2012.
Moloney currently serves as executive partner at Siris Capital and is a member of TiVo's (Nasdaq: TIVO) board of directors.
Moloney headed up Motorola's Mobility Division when it was formed in 2011 and left the firm after it was acquired by Google (NASDAQ:GOOG). Prior to that he was president of Motorola's Home & Networks Mobility business from 2006 to 2011. He was credited with expanding the company's video and broadband wireless business.
"Lantiq is an incredibly interesting company that is well positioned as a leading semiconductor player in the expanding broadband communications industry," Moloney said in a statement.
- see this press release
Lantiq names Dan Artusi as its new CEO
Lantiq gets cash infusion from Deutsche Telekom
Lantiq snaps up Metalink's home network assets
Golden Gate renames Infineon's wireline business LANTIQ