Sunday, September 30, 2007

Unstrung: Cisco Wooing WiMax Vendors?

" Cisco Systems Inc. (Nasdaq: CSCO - message board) 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."

"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.)"




1 comment:

Anonymous said...

its not really a 'dalliance' is it. in fact it was only expected that cisco would take the acquisition strategy to enter the wimax space. cisco has a great knack of identifying inflection points in technology. their late-but-careful foray into wimax only suggests that they have started to consider it as strategic lode.
its interesting to note however, that this development is not organic. they didnt back wimax in the first place, but they dont want to miss the bus either.