CAMPBELL, Calif.-Wireless product and services provider P-Com Inc. announced it will merge with Telaxis Communications Corp., a developer of wireless fiber optic connectivity products, a move that will expand both companies’ product portfolios and manufacturing and distribution capabilities.
The combined company, which will be headquartered in Campbell, Calif., with more than 250 employees, expects to have a strong presence in Asia, Latin America and the Middle East and will operate R&D and manufacturing facilities in Campbell, Calif., Tortona, Italy, and South Deerfield, Mass.
Once the merger is completed in the fourth quarter of this year, the new company will trade on the Nasdaq SmallCap Market, under a name and stock symbol not yet announced.
