Alvarion Divests Licensed Gear To Focus On Unlicensed Market
Global telecom-gear provider Telrad Networks is buying Israel-based Alvarion’s carrier licensed division for $6.1 million, and it will retain the related employees. Alvarion also could reap another $6 million in performance-based milestone payments. Alvarion officials say the company now will focus on carrier-grade products that work in unlicensed frequencies. The two also inked a reseller agreement allowing Alvarion to continue to provide carrier licensed solutions to its partners and distributors, while Telrad will sell Alvarion’s unlicensed solutions to its carrier customers after deal closes.

The Daily


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