RECENT NEWS FLASH 2000-02
ACQUISITIONS & INVESTMENTS
-- Proxim Completes Acquisition of Wavespan Corporation: Addition of
Wireless Broadband Equipment Maker Expands Proxim's Product Offerings with
5 GHz 100 Mbps Wireless Bridging Solutions
December 28 – Proxim Inc., a leading supplier of
spread spectrum wireless LAN products, announced that it has acquired
Wavespan Corporation, a developer of wireless broadband access solutions.
This acquisition will enhance Proxim’s market position as a
leader in wireless LAN. It
will add complementary building-to-building products and technology to
include 5GHz wireless bridges delivering speeds up to 100 Mbps each with
two T-1 voice channels. Proxim
will profit from Wavespan’s expertise in developing wireless broadband
access solutions to enable rapid, flexible and cost-effective network
connectivity for corporate and carrier-class applications.
For more information, go to http://www.proxim.com/inside/pressroom/1999pr/wavespan.shtml
MobileInfo Advisory and Comments : Wireless bridge speeds will increase significantly. Network infrastructure planners will do their organizations a service by seriously evaluating this technology for building to building connectivity and for connection to their ISPs.
Note: This news release contains forward-looking statements.
Readers should take appropriate caution in developing plans utilizing
these products, services and technology architectures.
Readers should take appropriate caution in developing plans utilizing these products, services and technology architectures.
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