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IKAN on NASDAQ

Ikanos Communications

American semiconductor developer

Ikanos Communications, Incorporated was a provider of semiconductor and software products for use in homes. It was headquartered in Fremont, California. The company’s digital subscriber line, communications processors and other products were used in customer premises equipment from network equipment manufacturers and telecommunications service providers.3 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1999Founded1

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  • TickerIKAN on NASDAQ1
  • IndustryTelephone & Telegraph Apparatus1
  • HeadquartersFremont1
  • Websitewww.ikano.com
  • Business address47669 Fremont Blvd., Fremont, Ca 945384
  • Filer categorySmaller reporting company4

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Ikanos Communications, Incorporated was a provider of semiconductor and software products for use in homes. It was headquartered in Fremont, California. The company’s digital subscriber line, communications processors and other products were used in customer premises equipment from network equipment manufacturers and telecommunications service providers.3

What it owns

What Ikanos Communications reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$48.4M6 Dec 28, 2014$44.4M6 Dec 29, 2013+9.1%
Accumulated depreciation$39.9M6 Dec 28, 2014$35.8M6 Dec 29, 2013+11.4%
Property and equipment, net$8.6M6 Dec 28, 2014$8.6M6 Dec 29, 2013−0.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$13.3M6 Dec 28, 2014$36.0M6 Dec 29, 2013−63.2%
Marketable securities, current$2.4M6 Dec 28, 2014$3.5M6 Dec 29, 2013−30.3%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$239.0K6 Dec 28, 2014$718.0K6 Dec 29, 2013−66.7%
Finite-lived intangibles, gross$23.0M6 Dec 28, 2014$23.0M6 Dec 29, 20130%
Accumulated amortization$22.8M6 Dec 28, 2014$22.3M6 Dec 29, 2013+2.1%
Finite-lived intangibles, net$239.0K6 Dec 28, 2014$718.0K6 Dec 29, 2013−66.7%

Inventory

ItemLatestA year beforeChange
Inventory, total$2.0M6 Dec 28, 2014$2.0M6 Dec 29, 2013−2.6%
Raw materials$69.0K6 Dec 28, 2014$632.0K6 Dec 29, 2013−89.1%
Finished goods$1.9M6 Dec 28, 2014$1.4M6 Dec 29, 2013+36.8%

The story

On December 10, 2001, the founder and chief technology officer of Ikanos, Behrooz Rezvani, announced he was editor of the Institute of Electrical and Electronics Engineers (IEEE) draft standard for Ethernet in the first mile over copper.

On August 24, 2009 Ikanos acquired Conexant's Broadband Access product line for about $54 million in cash. It also announced an investment of $42 million from Tallwood Venture Capital.

In June 2010, John Quigley replaced Michael Gulett as chief executive (who left in April). He was the fifth CEO in six years.

A U.S. appeals court on May 25, 2012 revived a shareholder lawsuit accusing Ikanos of failing to properly disclose known defects in its semiconductor chips at the time it was conducting a 2006 stock offering.

In August 2015, Ikanos was acquired by Qualcomm Atheros in a deal worth around $47 million, with Qualcomm taking on $20 million of liabilities from Ikanos.

In August 2016 Qualcomm Atheros has closed its recently acquired Ikanos operations.

From Wikipedia’s article on Ikanos Communications, shared under CC BY-SA 4.0.5

Leadership

Who has led Ikanos Communications, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Rajesh Vashist2006
  2. Daniel K. Atler2007
  3. Michael A. Ricci2007–2008
  4. Michael Gulett2008–2010
  5. Diosdado P. Banatao2012
  6. Omid Tahernia2012–2015

President

  1. Rajesh Vashist2006
  2. Michael A. Ricci2007–2008
  3. Michael Gulett2008–2010
  4. Diosdado P. Banatao2012
  5. Omid Tahernia2012–2015

Chief financial officer

  1. Daniel K. Atler2006
  2. Cory Sindelar2006–2010
  3. Dennis Bencala2010–2015

Chief operating officer

  1. Craig Joseph Garen2009–2010
200020052010201520202025
Board members and other officers (30)

Timeline

  1. Jun 12, 2012New chief executive Omid Tahernia becomes CEO8
  2. Jun 5, 2012New chief executive Diosdado P. Banatao becomes CEO7
  3. Jul 30, 2008New chief executive Michael Gulett becomes CEO9
  4. Jun 4, 2007New chief executive Michael A. Ricci becomes CEO11
  5. Feb 15, 2007New chief executive Daniel K. Atler becomes CEO10
  6. Mar 21, 2006New chief executive Rajesh Vashist becomes CEO12
  7. 1999Founded Founded1

SEC filer profile

How Ikanos Communications is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARIKANOS COMMUNICATIONS, INC.2
  • CIK0001219210
  • Employer ID (EIN)73-17214862
  • Filer statusSmaller reporting company2
  • Fiscal year endsDecember 282
  • Industry code (SIC)3661 Telephone & Telegraph Apparatus2
  • Business address47669 Fremont Blvd., Fremont, CA 945382
  • Phone(510) 979-04002
  • Shares outstanding17,228,613 as of Aug 12, 201544
  • Public float$20.6M as of Jun 29, 20146
  • On EDGAR sinceFeb 14, 20032
  • Filings845 in all: 4 (369), 8-K (144), 3 (45), 10-Q (30), SC 13G/A (27), SC 13G (19), UPLOAD (18), DEFA14A (17)2
    All 43 form types

    CORRESP (14), S-8 (14), S-8 POS (14), DEF 14A (13), 4/A (12), S-1/A (12), 8-K/A (11), 10-K (10), PRE 14A (6), SC 13D/A (6), SC 14D9/A (6), SC TO-T/A (6), EFFECT (5), 424B3 (4), FWP (4), S-1 (4), SC14D9C (4), 424B4 (3), S-3 (3), SC TO-C (3), SC TO-I/A (3), 424B5 (2), REGDEX (2), SC 13D (2), SC TO-I (2), SD (2), 15-12G (1), 25-NSE (1), 8-A12G (1), ARS (1), D (1), DEL AM (1), REGDEX/A (1), SC 14D9 (1), SC TO-T (1)

  • Latest filingsAnnual report (10-K) Mar 20, 2015
    Quarterly report (10-Q) Aug 12, 2015
    Proxy statement (DEF 14A) Apr 15, 2015
    Latest 8-K (8-K) Sep 29, 2015

Sources

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