Contact Information: Press: John Noh (408) 853-8445 jnoh@cisco.com Industry Analysts: Carter Cromwell (408) 526-6914 ccromwel@cisco.com Investor Relations: Matt Tractenberg (408) 525-3170 matthew2@cisco.com
SAN JOSE, CA--(Marketwire - December 19, 2007) - Cisco® (NASDAQ : CSCO ) today announced that
it has completed its acquisition of Navini Networks, Inc., a leader in the
Mobile WiMAX 802.16e-2005 broadband wireless industry. Navini is a pioneer
in the integration of "Smart Beamforming" technologies with Multi-Input
Multi-Output (MIMO) antennas, a combination that improves the performance
and range for WiMAX services and lowers the overall deployment and
operational costs for service providers.
Navini's WiMAX products will extend Cisco's market-leading Wi-Fi and
Wi-Fi-Mesh portfolios, allowing Cisco to uniquely address the rapidly
growing markets for portable broadband services. The acquisition will also
help extend and enhance Cisco's Internet Protocol Next Generation Network
(IP NGN) vision and will help drive broadband penetration to consumers and
businesses in emerging countries.
Cisco selected Navini based on its industry-leading product portfolio,
unmatched innovation and its real-world commercial deployments with service
provider customers worldwide. Navini offers a leading portfolio of
broadband WiMAX solutions with comprehensive offerings including base
stations, adaptive antenna arrays, management systems and subscriber
modems.
Cisco plans to integrate Navini into its Wireless Technology Group, under
the Access Networking and Services Group.
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