Proxim buys wireless ex-Lucent. – Macitynet.it
Remember 1999, when Jobs at Macworld in New York City surprised everyone with a technology that was not even understood in its innovation then by the defendants and readers of specialized sites?
It was AirPort, which uses the IEEE 802.11b standard later made "universal" with the name WiFi. Apple developed all this. away from the clamor, together with Lucent. Some time later all the Apple Macs could be equipped with AirPort and only a lot later all the others arrived … some discover only in these months what WiFi is. The news does not bring good news: Lucent in crisis for a long time had already left the wireless business to a subsidiary, Agere, not even three weeks have passed since the formalization of the spin-off (total spin-off) of Agere from Lucent to "make her walk with her own legs" that Proxim, specialized in wireless (and not only, Netopia and Farallon are part of it) and over the years it has become a giant in the sector, acquires Agere for 65 million dollars in cash. Proxim has long been on the list of companies belonging to the "portfolio" of the giant Intel, although the largest group of shareholders is represented by Ripplewood Holdings. The acquisition will be approved within two months and will make Proxim the sole owner of the wireless technologies. ss, including the famous ORiNOCO line which essentially forms the internal structure of Apple's AirPorts. Not marginal aspect, with this agreement a cause dating back to a year ago disappears between the two companies with at the center the problem of patenting of patents (Proxim copy Agere)