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Wireless Networking

Submission + - SPAM: Cisco gives WiMAX big boost via $330M buyout

alphadogg writes: The rumors were right: Cisco has signed a deal to buy WiMAX radio vendor Navini Networks for $330 million. The buy is a milestone and it changes the competitive landscape, says Daryl Schoolar, senior analyst, networking group, In-Stat, a market research firm. "First the ITU [International Telecommunications Union] accepts WiMAX as a 3G standard, and now one of the largest networking vendors in the world shows its faith in the technology and in business models behind WiMAX."
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Cisco gives WiMAX big boost via $330M buyout

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