Cisco Wrapping Up Navini Networks

Cisco is wrapping up its acquisiton of Navini Networks. Barring in any last minute hitches, the deal should be complete before years end. Navini Networks has had reasonable success in the overseas markets in providing WiMax infrastructure products. —

US$330 million acquisition of WiMax wireless provider Navini Networks Inc. should be completed in a matter of days, helping bring Cisco closer to its intention of bringing wireless broadband to emerging countries.

The planned acquisition of the Richardson, Tex.-based Navini, announced in October, was billed as a means “to drive broadband penetration to consumers and business in emerging countries,” according to a press release issued Oct. 23.

However, Cisco is not ruling out the possibility that WiMax sales opportunities will open up in other markets including the U.S., said Brett Galloway, general manager of wireless networking at Cisco in a short interview at C-Scape 2007, a Cisco analyst conference. “We’ll go where the business is,” Galloway said.

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