CARLSBAD, Calif. & KFAR-SABA, Israel--(BUSINESS WIRE)--MaxLinear, Inc. (NYSE: MXL) and Inango Systems have jointly announced a partnership of strategic cooperation. Under this agreement, the parties agree to jointly market and sell the Inango Service Orchestration software, a product that enables internet service providers to deliver rich portfolios of services on their networks. Inango will also provide MaxLinear with optimized integrated solutions for OpenvSwitch software with MaxLinear processors.
The Inango Orchestration Platform offers service providers new and powerful ways to deploy software services on their subscriber networks. Software services are key to improving user experience on these networks, offering broader functionality and support capabilities. Leveraging the Inango platform, these services can now be deployed instantly and with tremendous cost efficiencies, yielding great value to service providers.
“We are delighted to be cooperating with MaxLinear in this exciting new market,” said Jonathan Masel, CEO of Inango Systems. “Software services for provider networks has become a hot topic in recent years. The need for improving user experience and supporting modern network functions has led to a plethora of companies offering products. But until now there has not been a clear platform focused on their fast and efficient deployment and life-cycle management. Our Service Orchestration platform does exactly that. And in partnering with MaxLinear, we can leverage their platform footprint at leading Cable MSOs and Service Providers worldwide as an excellent launching pad for our products.”
“We are happy to partner with Inango Systems in supporting the residential broadband ecosystem with a path to create, grow and rapidly deploy an expanding set of high-value services,” said Doron Tal, VP Broadband Access at MaxLinear. “The collaboration will enable our customers and partners to scale delivery of new service experiences while reducing operating cost and growing ARPU.”
The Inango Orchestration Platform is expected to be available for a range of MaxLinear-based gateways, including Puma™ and their latest URX processors family, later this year.
About Inango Systems
Inango Systems develops software for a broad range of communication applications. The company offers licensed source code solutions and provides software professional services for customized feature development as well as an extension to customer’s own software teams. Inango’s customers include OEMs in the networking and telecommunication markets and semiconductor companies who benefit from Inango’s experience in providing highly optimized software-to-silicon solutions. Inango software is installed in millions of homes and networks worldwide. More information can be found at http://www.inango.com/ or follow us on LinkedIn at http://www.linkedin.com/company/Inango.
About MaxLinear, Inc.
MaxLinear, Inc. (NYSE: MXL) is a leading provider of radio frequency (RF), analog, digital and mixed-signal integrated circuits for the connectivity and access, wired and wireless infrastructure, and industrial and multimarket applications. MaxLinear is headquartered in Carlsbad, California. For more information, please visit www.maxlinear.com.
MxL and the MaxLinear logo are trademarks of MaxLinear, Inc. Other trademarks appearing herein are the property of their respective owners.
Cautionary Note About Forward-Looking Statements
This press release contains “forward-looking” statements within the meaning of federal securities laws. Forward-looking statements include, among others, statements concerning or implying future financial performance, anticipated product performance and functionality of our products or products incorporating our products, and industry trends and growth opportunities affecting MaxLinear, in particular statements relating to MaxLinear’s partnership of strategic cooperation with Inango Systems, MaxLinear-based gateways and processors, including Puma™ and MaxLinear’s latest URX processors, and Inango’s Service Orchestration software and OpenvSwitch software, including but not limited to potential market opportunities, including with respect to the software services for provider networks market, functionality, and the benefits of use of such products. These forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from any future results expressed or implied by these forward-looking statements. We cannot predict whether or to what extent these new or existing products will affect our future revenues or financial performance. Forward-looking statements are based on management’s current, preliminary expectations and are subject to various risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Forward-looking statements may contain words such as “will be,” “will,” “expect,” “anticipate,” “continue,” or similar expressions and include the assumptions that underlie such statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: intense competition in our industry and product markets; risks relating to the development, testing, and commercial introduction of new products and product functionalities; the ability of our customers to cancel or reduce orders; and uncertainties concerning how end user markets for our products will develop. Other risks potentially affecting our business include risks relating to acquisition integration; our lack of long-term supply contracts and dependence on limited sources of supply; potential decreases in average selling prices for our products; impacts from public health crises such as the Covid-19 pandemic or natural disasters; and the potential for intellectual property litigation, which is prevalent in our industry. In addition to these risks and uncertainties, investors should review the risks and uncertainties contained in MaxLinear’s filings with the United States Securities and Exchange Commission, including risks and uncertainties arising from other factors affecting the business, operating results, and financial condition of MaxLinear, including those set forth in MaxLinear’s most recent Annual Report on Form 10-K for the year ended December 31, 2020, as filed with the Securities and Exchange Commission. All forward-looking statements are qualified in their entirety by this cautionary statement. MaxLinear is providing this information as of the date of this release and does not undertake any obligation to update any forward-looking statements contained in this release as a result of new information, future events, or otherwise.
