Cisco gets serious about WiMax, buys Navini for $330M
Cisco, the large networking company, said it has agreed to acquire Navini Networks, a company that offers a WiMAX “upgrade” for mobile customers, for $330 million in cash and stock.
This shows that Cisco is getting serious about WiMax, a technology long in development but which is now being deployed in earnest. It differs from WiFi in that it has much longer ranges — as much as 10 miles vs. WiFi’s reach of a few hundred… Continue Reading