14 DAY TRIAL // NextWave Wireless, a developer of next-generation wireless multimedia products, technologies and services, announced that it has signed a definitive agreement to acquire GO Networks, a privately-held company headquartered in Mountain View, CA with research and development facilities in Tel Aviv, Israel. GO Networks develops advanced mobile WiFi network solutions for service providers looking to deploy campus and municipal WiFi systems.
"After extensive field testing of several metro-scale WiFi network systems, we selected GO's Metro Broadband Wireless system as the most competitive and cost-effective WiFi network solution for NextWave," said Allen Salmasi, president and chief executive officer of NextWave Wireless. "GO Networks' pioneering Wi-Fi technology is a natural complement to NextWave's WiMAX product line and will enhance our ability to deliver high-performance, wide-area and local-area wireless broadband services using stand-alone or integrated Wi-Fi/WiMAX solutions that utilize both licensed and license-exempt spectrum."
GO Networks' Metro Broadband Wireless system is a highly-scalable WiFi network solution optimized to deliver cost-effective, next-generation mobile data, voice, and multimedia services. Utilizing xRF technology, a proprietary adaptive beamforming antenna engine, and an innovative, self-organizing and multi-frequency mesh architecture, GO's MBW solution is designed to deliver an enhanced network performance.
"NextWave is making excellent progress in developing their next-generation WiMAX chipsets, network components and other key elements of their innovative, end-to-end wireless broadband system. We are very excited about the opportunity to integrate technologies developed by GO Networks into NextWave's solution and look forward to working with their Network Services Group to offer highly-competitive WiFi and WiMAX-based solutions to our customers worldwide," said Oz Leave, Chief Executive Officer and President of GO Networks.
The acquisition of GO Networks, which will operate as a wholly owned subsidiary of NextWave Wireless, is expected to close in the first quarter of 2007.