Cisco Systems to Pay $330 Million for Navini Networks

6:30 am on October 24, 2007 | Category: Business, Corporate, WiMAX, Wireless Technology

business/cisco.jpg

Cisco Systems has agreed to purchase WiMAX equipment maker, Navini Networks, in an all-cash deal worth $330 million.

Navini specializes in the integration of smart beam forming technologies with MIMO antennas, a combination which improves the performance and range of its WiMAX products, while lowering deployment and operational costs.

Navini’s products include base stations, antenna arrays, wireless modems, and management systems, which will be merged into Cisco’s existing portfolio of Wi-Fi and mesh wireless solutions. This deal marks the networking giant’s first major foray into the WiMAX market.

Related Articles:

    None Found

    No Comments yet »

    RSS feed for comments on this post.

    Leave a comment

    XHTML: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


    Published by TeleClick Enterprises
    Edited by Jeremy Maddock