Cisco confirms exit from WiMAX RAN market
After entered WiMAX with its 2007 Navini purchase, Cisco's 4G focus will now be on IP and packet cores, as it is in 3G
Published: 8 March, 2010
READ MORE: Cisco Systems | Core Network | WiMAX
Continued ...
These were the kinds of statistics that attracted Cisco to Navini in 2007, when it paid a
generous $330m in cash and assumed options for the firm, more than the $200m-$230m value estimated shortly beforehand by ThinkEquity Partners. The deal, Cisco's 124th acquisition, made Texas-based Navini part of the larger firm's Wireless Networking Business Unit.
"After careful review, our mobility strategy is to focus on providing a radio agnostic IP end-to-end mobile multimedia services network," said Cisco. "Cisco will continue to focus on the packet core and to also focus on investment in radio technologies such as femtocells and WiFi. As part of this decision, we have decided to discontinue designing and building new WiMAX base stations. We believe the best way for Cisco to serve our customers is by delivering value at the edge and the core of our customers' networks."
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