SUNNYVALE, Calif.-Proxim Corp. closed out its first quarter, which ended March 28, with increasing revenues and declining losses compared with the same period a year ago. Revenues were $40 million, comprising $17.1 million from North American sales and $16.9 million from international customers,...
MOUNT PLEASANT, Mich.-Last Mile Technologies has completed the first phase of a citywide wireless local area network using equipment supplied by Proxim Corp., Sunnyvale, Calif.Some 4,500 Central Michigan University students living in eight apartment complexes off-campus now can access the college's network without need...
SUNNYVALE, Calif.-Proxim Corp. has hired two new senior executives: David Olson as senior vice president of operations and services and Stephen Dix as vice president of LAN sales."David and Stephen both bring extraordinary experience and depth to Proxim in two critical areas," said Jonathan...
NEW YORK-David King, president and chief operating officer of Proxim Corp., Sunnyvale, Calif., has moved into the newly created post of vice chairman of the board of directors, as part of a major reorganization. In that capacity, King will be responsible for Local...
STOCKHOLM, Sweden-L.M. Ericsson said it will partner with Agere and Proxim to develop end-to-end solutions for Wireless LAN access, integrating hot spots with 3G wide area networks."The operators can offer customers attractive value added service packages, combining the different features of both WLAN and...
SUNNYVALE, Calif.—Proxim Corp., created from the merger of Proxim Inc. and Western Multiplex Corp., announced Kevin Duffy has been made general manager of the company's newly formed broadband services division.Duffy most recently served as vice president of home networking at Siemens Information & Communications...
SUNNYVALE, Calif.—Western Multiplex Corp. and Proxim Inc. completed their merger following the approval of both companies' stockholders.The former stockholders of Western Multiplex and Proxim each own approximately 50 percent of the combined company. The combined company has taken the name Proxim Corp.For the first...
SUNNYVALE, California, United States—Western Multiplex rejected the unsolicited offer made by DMC Stratex Networks last week to acquire Western Multiplex.The board of directors reaffirmed its commitment to the pending merger with Proxim after meeting with financial and legal advisers.Jonathan N. Zakin, chairman and chief...
SUNNYVALE, Calif.—Western Multiplex Corp. rejected the unsolicited offer made by DMC Stratex Networks Inc. last week to acquire Western Multiplex.The board of directors reaffirmed its commitment to the pending merger with Proxim Inc. after meeting with financial and legal advisers.Jonathan N. Zakin, chairman and...
SUNNYVALE, Calif.—Proxim Inc. and Western Multiplex Corp. agreed to merge and will operate going forward under the Proxim name.Under terms of the agreement, each outstanding share of Proxim common stock will be converted into 1.889 shares of Western Multiplex common stock, the companies said....
Heinz Corp.Heinz Corp., which provides services to wireless carriers, has promoted Rick Vogt to senior project manager. In his new position he will be responsible for Heinz's projects for Cingular Wireless. Vogt has been with Heinz for about a year, and most recently supervised...
With the home rapidly becoming an extension of the workplace, consumers increasingly are turning to wireless home networking equipment as a way to keep connected. According to an IDC report, worldwide local area network shipments are expected to top 4 million in 2003, with...
Vyyo Inc. and Proxim Inc. announced they will work together to bring wireless broadband connectivity to multidwelling units.Under terms of the agreement, Vyyo said it will supply its multichannel multipoint distribution service 3.5 GHz and local multipoint distribution service Lite DOCSIS+ equipment, and Proxim...
NEW YORK-Western Multiplex Corp., Sunnyvale, Calif., a broadband wireless access equipment provider, went public last week with a 7.5-million share offering of common stock, priced at $12 each.The company, formerly part of Glenayre, develops systems used in both the licensed and unlicensed portions of...
Several leading telecommunications and computer industry companies last week announced a technology platform that would allow all types of mobile devices to communicate with each other without cable connections.Companies including Intel Corp., IBM Corp., Toshiba Corp., Nokia Corp. and L.M. Ericsson are participating in...
A new group consisting of personal computer, telecommunications and consumer electronics companies is developing a protocol for wirelessly connecting home appliances to PCs.The Home Radio Frequency Working Group's mission is "to enable the existence of a broad range of interoperable consumer devices by establishing...
CUPERTINO, Calif.-DSP Communications Inc. and Proxim Inc. announced they mutually have agreed to terminate their planned merger. The companies reported declines in the share prices of each company's stock after a merger was announced, prompted DSPC and Proxim to discontinue their plans.The companies said...
After DSP Communications Inc. announced plans to merge with Proxim Inc. last Tuesday, DSPC's stock dropped 49 percent to close at $35.25 on the Nasdaq exchange. But Merrill Lynch calls the merger a "smart, strategic move" for DSPC toward diversifying its product base and...
