Ikanos Communications — Merger or Acquisition (April 2009)
26 slides from Ikanos Communications's merger presentation, Apr 29, 2009
Slide 1: Broadband Access Products From Ikanos and Conexant BBA Acquisition
Broadband Access Products From Ikanos and Conexant BBA Acquisition Customer Presentation
Slide 2: Agenda
Proprietary & Confidential Page 2 Broadband Access Products From Agenda Announcement Rationale Business Activities Going Forward Financing-Equity Investment Q+A
Slide 3: Announcement
Proprietary & Confidential Page 3 Broadband Access Products From Announcement + A new company with worldwide leadership in broadband, and the ability to more effectively innovate, compete and deliver value to all stakeholders. Broadband Access Products From
Slide 4: Transaction Details
Proprietary & Confidential Page 4 Broadband Access Products From Transaction Details • Assets $54M • Conexant BBA product line • Patent portfolio • Employees • Facilities • No debt • Equity investment $42M • Tallwood Venture Capital • 24M shares of common stock • Warrants for an additional 7.8M shar
Slide 5: Rationale for Ikanos + Conexant BBA
Proprietary & Confidential Page 5 Page 5 Products Technologies Resources/ Infrastructure Rationale for Ikanos + Conexant BBA Greater scale + broader product line + deeper expertise Products Technologies Resources/ Infrastructure
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Slide 7: Extensive Network Equipment Relationships
Broadband Access Products From Proprietary & Confidential Page 7 Extensive Network Equipment Relationships Ikanos Conexant BBA
Slide 8: Extensive Service Provider Relationships
Broadband Access Products From Proprietary & Confidential Page 8 Extensive Service Provider Relationships
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Slide 10: ikanos.
ikanos.
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Slide 15: Greater Scale
Proprietary & Confidential Page 10 Broadband Access Products From Greater Scale + $106 million $159 million Calendar 2008 Revenue Broadband Access Products From
Slide 16: Combined Company Vision
Proprietary & Confidential Page 11 Broadband Access Products From Combined Company Vision • Be the preferred and leading silicon and software supplier for the world ’ s broadband networks enabling a new generation of services that transform the way we work and live. • Leadership in wire line WAN (xD
Slide 17: Equity Investment
Proprietary & Confidential Page 12 Broadband Access Products From Equity Investment “The new company that emerges will be able to compete more effectively in existing and emerging markets, develop exciting new products, and provide greater value for its most important stakeholders - its customers, i
Slide 18: Business Activities
Proprietary & Confidential Page 13 Broadband Access Products From Business Activities • We are committed to making the transition efficient for our customers and will work closely to ensure that customer responses are timely and professional. • Until the transaction is closed, we continue to operate
Slide 19: Product Continuity
Proprietary & Confidential Page 14 Broadband Access Products From Product Continuity “Customers should not be concerned about product transitions. Once the acquisition is complete, the combined company will continue to make available and support the products acquired from Conexant BBA along with the
Slide 20: Backlog and Order Fulfillment
Proprietary & Confidential Page 15 Broadband Access Products From Backlog and Order Fulfillment • We recognize the importance of our customers’ delivery schedules and as such, Ikanos and Conexant BBA will work closely together to ensure that all agreed upon commit dates are maintained and transition
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Slide 23: Timeline (Estimate)
Proprietary & Confidential Page 16 Broadband Access Products From Timeline (Estimate) Q2 Q3 Public announcement Customer/supplier communication Integration planning Proxy statement Regulatory approval Investor roadshow Stockholder vote Expected close in Q3
Slide 24: Customer Communications Team
Proprietary & Confidential Page 17 Broadband Access Products From Customer Communications Team • Craig Garen, Conexant BBA General Manager craig.garen@conexant.com 732-345-7475 • Nick Shamlou, Ikanos VP Worldwide Sales nshamlou@ikanos.com 510-438-6201 • Mitch Kahn, Ikanos VP of Corporate Marketing m
Slide 25: Q+A
Broadband Access Products From Broadband Access Products From Q+A
Slide 26: Additional Information
Proprietary & Confidential Page 19 Broadband Access Products From Additional Information Ikanos plans to file with the Securities and Exchange Commission (the "SEC") and mail to its stockholders a proxy statement in connection with the proposed issuance of securities to Tallwood and the acquisition
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