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Cisco buys WiMax pioneer, Navini, for USD 330m

Network Hardware Manufacturer (opens in new tab) Cisco Systems has purchased Navini, a provider of "Mobile Wireless Broadband", for USD 330m.

The deal provides Cisco with a ready to use range of WiMAX long-range wireless portfolio as well as an impressive list of customers and comes a few days after the United Nations approved WiMax as an alternative to existing 3G internet services.

Cisco is also keen to use Navini to penetrate hard-to-network, developing markets like those in Africa, Latin America or Asia.

Interestingly, Navini has a development branch was founded in May 2004 in Bangalore India and had launched a WiMax network in Mauritius back in 2005.

Also, Intel Capital, the investment arms of Intel, is one of the investors in Navini.

According to Daryl Scholar (opens in new tab), a Senior Analyst for Research Firm In-stat, Cisco's purchase is a firm statement that WiMax is here to stay although it remains to be seen how Cisco will integrate WiMax with the rest of its (competing) technologies.

Désiré has been musing and writing about technology during a career spanning four decades. He dabbled in website building and web hosting when DHTML and frames were en vogue and started writing about the impact of technology on society just before the start of the Y2K hysteria at the turn of the last millennium. Following an eight-year stint at ITProPortal.com where he discovered the joys of global tech-fests, Désiré now heads up TechRadar Pro. Previously he was a freelance technology journalist at Incisive Media, Breakthrough Publishing and Vnunet, and Business Magazine. He also launched and hosted the first Tech Radio Show on Radio Plus.