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RECENT NEWS FLASH 2000-02

 

MERGERS, ACQUISITIONS & INVESTMENTS

December 28 -- 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.

All trademarks used in this summary are the property of their respective owners.  

Do you want to see more news?  Go to the News Home Page

 

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