Gigle Networks

The company's business model was centered on the design and sale of these specialized SoCs to its clients, who would then integrate them into their end-products like set-top boxes and routers. Gigle Networks' products were notable for being HomePlug AV certified and compliant with the IEEE 1901 standard for high-speed powerline communications. The company was an active proponent of open standards, holding a board member position in the HomePlug Powerline Alliance and participating in the ITU-T G.hn standardization initiative. Juan Carlos Riveiro, who served as President and CEO, brought prior experience from his role as CTO at DS2, another company in the powerline communications sector.

Throughout its operation, Gigle Networks secured significant venture capital funding, including a Series A round of $11 million in 2006 and a Series B round of $20 million in 2007, from investors such as Accel Partners, Pond Venture Partners, and Scottish Equity Partners. The company maintained a global presence with offices in Barcelona, Spain, where its R&D team was primarily based, alongside locations in Edinburgh, UK, and Redwood City, California. In November 2010, Broadcom Corporation announced its acquisition of Gigle Networks for approximately $75 million in cash. The acquisition was a strategic move for Broadcom to incorporate Gigle's powerline technology into its portfolio, enhancing its offerings for the connected home market and accelerating its time to market for the emerging G.hn standard.