From Unstrung
September 27, 2007
By Dan Jones, Site Editor, Unstrung
Cisco Systems Inc. is close to buying a WiMax base-station company in its first real dalliance with the wireless broadband technology, two industry sources tell Unstrung.
The networking giant could buy within a matter of weeks, according to one source. "It's in legals now," the source says.
Both sources agree that Cisco has narrowed it down to a shortlist of potential targets. The names in the frame are said to be Alvarion Ltd. (Nasdaq: ALVR - message board), Aperto Networks Inc. , Navini Networks Inc. , and Redline Communications Inc.
Alvarion and Redline appear to be the favorites on list. Cisco has already had some involvement with Redline in deploying a WiMax network in Paraguay. (See Redline Wins in Paraguay.)
(end excerpt)
Full story at:
www.unstrung.com/document.asp?doc_id=134954
(Lead for this story from FierceBroadbandWireless via email.)
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