VCom Acquires 900 MHz WaveRider Business (9/29)
Friday, September 29, 2006 | Comments
VCom said it would acquire additional components of Wave Wireless' 900 MHz business. Under the terms of the proposed agreement, VCom will acquire the operational assets of Wave Wireless' wholly owned subsidiary, WaveRider Communications. VCom also intends to expand engineering, sales, and operational personnel associated with the 900 MHz products. "With the acquisitions of these WaveRider assets and their large established customer base, VCom will move into the forefront of non-line-of-sight, high-speed, wireless Internet access equipment, which utilizes the unlicensed 900 MHz band," said VCom Chairman Dr. Surinder Kumar.

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