Cisco reported to be close to buying WiMAX vendor Navini

A news report at Unstrung.com cited two industry sources, one named, for the pending deal. The report quoted a venture capitalist as saying that Cisco would be willing to fork over between $200 million and $230 million for Navini, giving the network giant a foothold in the emerging global WiMAX wireless broadband market.

Earlier rumors had indicated Cisco’s interest in a flock of young WiMAX infrastructure vendors, which are wooing carriers worldwide in an effort to roll out fixed and mobile WiMAX nets. Late in September, rumors surfaced that Cisco was looking at Alvarion, Aperto Networks, and Redline Communications, as well as Navini, all with established products and a number of deployments.

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