Telrad Networks Buys Alvarion Division

Telecom company Telrad Networks will acquire the broadband wireless access division of Alvarion Ltd. for $6.1 million. Alvarion may also receive certain performance-based milestone payments of up to $6 million.

PRESS RELEASE
Telrad Networks, a leading international provider of telecommunication solutions, today announced that it has agreed to acquire the broadband wireless access (BWA) division of Alvarion(R) Ltd.

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