Cisco buying Navini for WiMax goodies

Photo of author

Tim Higgins

Cisco today said it has a definitive agreement to purchase Navini
Networks
, described as "a leader in the Mobile WiMAX 802.16e-2005 broadband
wireless industry".

Cisco’s announcement noted Navini’s "Smart Beamforming" MIMO antenna
technology as one of the reasons for the acquisition. Navini also brings to the
table a portfolio of broadband wireless WiMAX solutions including base stations,
adaptive antenna arrays, management systems, and subscriber modems, as well as
a base of 75 customers.

Under the terms of the agreement, Cisco will pay approximately $330 million
in cash and assumed options. The Navini acquisition is expected to close in the
second quarter of Cisco’s 2008 fiscal year. Upon the close of the acquisition,
Cisco plans to integrate Navini into its Wireless Networking Business Unit, under
the Ethernet and Wireless Technology Group.

Related posts

WD Trots Out Dual-Band Wi-Fi Range Extender

WD has launched a selectable dual-band "N450" wireless range extender.

D-Link Announces Combo DSL Wireless-N Router

D-Link has announced a combo ADSL2+ / 802.11n wireless router.

D-Link Announces Single-Stream Draft 11N Router and Adapter

D-Link today announced that it is shipping a single-stream Draft 802.11n router and companion USB adapter.