Proxim Acquires Farallon
TweetFollow Us on Twitter

Proxim Acquires Farallon

FOR IMMEDIATE RELEASE

Proxim Acquires Farallon, A Leading Developer of Plug-and-Play Networking
Solutions for Macs and PCs

Acquisition to Strengthen Proxims Position in Home Networking and
Education Markets and to Expand Macintosh Compatibility

SUNNYVALE, Calif., June 19, 2000 Proxim Inc., (NASDAQ: PROX), the leader
in wirefree broadband networking, announced today that it has acquired
privately held Farallon Communications, Inc. of San Leandro, California, a
leading developer of plug-and-play networking solutions for Macintoshes and
PCs. Through this acquisition, Proxim will strengthen its offerings for the
home networking, small business, publishing and education markets.
Farallons line of networking products for PCs and Macs will complement
Proxims PC-based wirefree networking solutions.

In addition to extending Proxims overall penetration in key sectors
including the home, small office, public and private enterprise and
broadband service provider markets, Farallon expands Proxims reach by
bringing HomePNA and Ethernet products into the companys portfolio. The
Farallon division will continue to develop and support the Farallon
cross-platform product lines, which include: * HomeLINE: HomePNA-based
networking products for Internet, game, file and printer sharing for Mac
and PC users in the home. * SkyLINE: IEEE 802.11b-compliant wireless home
and small business networking solutions for Mac and PC users. * NetLINE:
Wired 10/100 and Gigabit Ethernet connectivity solutions for Mac and PC
users in the home, small office, publishing and education markets.

Under the terms of the transaction, Proxim purchased Farallon for 121,654
shares of Proxim common stock worth approximately $10 million, and $4
million in cash. The acquisition will be accounted for as a purchase
transaction.

"Through the acquisition of Farallon we are further extending our reach in
the home, small office, public and private enterprise (including education)
and broadband service provider markets, where there is currently a huge
need for broadband networking solutions. We are also adding a vital
component to our product offeringsMacintosh compatibility," said David C.
King, Proxim's chairman, president and CEO. "We believe that Farallons
products not only complement our existing product lines, but also extend
our wirefree broadband networking capabilities."

"We are very excited about the combination of Farallon and Proxim," stated
Richard Maslana, president and CEO of Farallon Communications, Inc. "We
expect that the joined companies will provide our customers with
significantly improved sales and marketing reach through the
well-established Proxim retail and VAR/distributor channels worldwide, and
access to many exciting new product opportunities through Proxims wirefree
broadband networking development expertise."

Georganne Benesch, former executive vice president of Farallon, will serve
as vice president and general manager of Proxims growing home and small
business broadband networking sector. Farallon CEO and president, Richard
Maslana will assist Benesch in the transition.

Mr. King added, "We look forward to integrating Farallons team of highly
talented staff members and benefiting from Farallons 14 years of
experience in the market. This is yet another step in our efforts to
innovate the best products and meet the increasing customer demand for
broadband networking products."

This announcement follows two recent acquisitions by Proxim. In January
2000, Proxim announced its acquisition of Microlor, Inc. a leader in
developing unlicensed spread spectrum wireless technology. (See the news
release dated January 25, 2000.) In December 1999, Proxim announced its
acquisition of Wavespan, a developer of wireless broadband access
solutions. (See the news release dated December 28, 1999.) All three
acquisitions add to the technology base and market reach of Proxim.

About Farallon Communications
Founded in 1986, Farallon develops and markets reliable, plug-and-play
networking products designed to simplify networking through innovation.
With over 8 million customers worldwide, Farallon is dedicated to providing
complete, easy-to-use networking solutions and world-class technical
support to the Home, Small Business, Publishing and Education communities.
Farallon offers a complete line of network cards, adapters, hubs and
switches. Further information can be obtained via phone 510.346.8000, web
site (http://www.farallon.com/) or email (mailto:info@farallon.com). The
Farallon headquarters are in San Leandro, California, with a European
office in the UK and an Asia Pacific office in New Zealand.

About Proxim
Proxim, Inc. (Nasdaq: PROX) has over 15 years of experience designing and
building wirefree broadband networking solutions. Proxims Symphony is the
world's leading wirefree networking product for the home and small office
and the companys RangeLAN2 leads in the enterprise, OEM and wireless
service provider markets with nearly one million installed units. For
building-to-building broadband networking, Proxims Stratum is the fastest
license-exempt wirefree Ethernet bridge, connecting buildings at distances
up to seven miles. Proxim is also a founding member of the Wireless LAN
Interoperability Forum (WLI Forum), and a core member of the Home Radio
Frequency Working Group. The company is headquartered in Sunnyvale,
California with offices globally. Visit www.proxim.com for more information

 

Community Search:
MacTech Search:

Software Updates via MacUpdate

A Better Finder Rename 10.00b1 - File, p...
A Better Finder Rename is the most complete renaming solution available on the market today. That's why, since 1996, tens of thousands of hobbyists, professionals and businesses depend on A Better... Read more
CrossOver 14.1.6 - Run Windows apps on y...
CrossOver can get your Windows productivity applications and PC games up and running on your Mac quickly and easily. CrossOver runs the Windows software that you need on Mac at home, in the office,... Read more
Printopia 2.1.14 - Share Mac printers wi...
Run Printopia on your Mac to share its printers to any capable iPhone, iPad or iPod Touch. Printopia will also add virtual printers, allowing you to save print-outs to your Mac and send to apps.... Read more
Google Drive 1.24 - File backup and shar...
Google Drive is a place where you can create, share, collaborate, and keep all of your stuff. Whether you're working with a friend on a joint research project, planning a wedding with your fiancé, or... Read more
Chromium 45.0.2454.85 - Fast and stable...
Chromium is an open-source browser project that aims to build a safer, faster, and more stable way for all Internet users to experience the web. Version 45.0.2454.85: Note: Does not contain the "... Read more
OmniFocus 2.2.5 - GTD task manager with...
OmniFocus helps you manage your tasks the way that you want, freeing you to focus your attention on the things that matter to you most. Capturing tasks and ideas is always a keyboard shortcut away in... Read more
iFFmpeg 5.7.1 - Convert multimedia files...
iFFmpeg is a graphical front-end for FFmpeg, a command-line tool used to convert multimedia files between formats. The command line instructions can be very hard to master/understand, so iFFmpeg does... Read more
VOX 2.6 - Music player that supports man...
VOX is a beautiful music player that supports many filetypes. The beauty is in its simplicity, yet behind the minimal exterior lies a powerful music player with a ton of features and support for all... Read more
Box Sync 4.0.6567 - Online synchronizati...
Box Sync gives you a hard-drive in the Cloud for online storage. Note: You must first sign up to use Box. What if the files you need are on your laptop -- but you're on the road with your iPhone? No... Read more
Carbon Copy Cloner 4.1.4 - Easy-to-use b...
Carbon Copy Cloner backups are better than ordinary backups. Suppose the unthinkable happens while you're under deadline to finish a project: your Mac is unresponsive and all you hear is an ominous,... Read more

You Can Play Madfinger Games' Unkil...
Madfinger Games - probably best known for the Dead Trigger series - has officially launched their newest zombie shooter (that isn't called Dead Trigger), named Unkilled. [Read more] | Read more »
KORG iELECTRIBE for iPhone (Music)
KORG iELECTRIBE for iPhone 1.0.1 Device: iOS iPhone Category: Music Price: $9.99, Version: 1.0.1 (iTunes) Description: ** 50% OFF Special Launch Sale - For a Limited Time **The ELECTRIBE reborn in an even smaller form A full-fledged... | Read more »
I am Bread (Games)
I am Bread 1.0 Device: iOS Universal Category: Games Price: $4.99, Version: 1.0 (iTunes) Description: ‘I am Bread’ is the latest quirky adventure from the creators of 'Surgeon Simulator', Bossa Studios. This isn't the best thing... | Read more »
Rock(s) Rider - HD Edition (Games)
Rock(s) Rider - HD Edition 1.0.0 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0.0 (iTunes) Description: *** PLEASE NOTE: Compatible with iPhone 4s, iPad 2, iPad mini, iPod touch (5th generation) or newer *** Do you... | Read more »
Rebuild 3: Gangs of Deadsville (Games)
Rebuild 3: Gangs of Deadsville 1.0 Device: iOS Universal Category: Games Price: $4.99, Version: 1.0 (iTunes) Description: It's been a few years since the zombpocalypse turned the world's cities into graveyards and sent the few... | Read more »
Power Ping Pong (Games)
Power Ping Pong 1.0 Device: iOS Universal Category: Games Price: $4.99, Version: 1.0 (iTunes) Description: Do you wield your bat with zen-like focus or do your balls of fury give you a killer spin? Table tennis goes mobile with a... | Read more »
Z.O.N.A Project X (Games)
Z.O.N.A Project X 1.00 Device: iOS Universal Category: Games Price: $1.99, Version: 1.00 (iTunes) Description: Z.O.N.A Project X - shooter in the post-apocalyptic world. | Read more »
Trick Shot (Games)
Trick Shot 1.0.6 Device: iOS Universal Category: Games Price: $1.99, Version: 1.0.6 (iTunes) Description: A game where all you have to do is throw a ball into a box, simple? Trick Shot is a minimalist physics puzzler with 90 levels... | Read more »
VoxelCity (Games)
VoxelCity 1.0.2 Device: iOS Universal Category: Games Price: $1.99, Version: 1.0.2 (iTunes) Description: Looking for a new city builder? Tired of social media anti-games with no strategy? Look no further! NO IAP EVER! VoxelCity is a... | Read more »
Goat Simulator MMO Simulator (Games)
Goat Simulator MMO Simulator 1.0 Device: iOS Universal Category: Games Price: $4.99, Version: 1.0 (iTunes) Description: ** IMPORTANT - SUPPORTED DEVICESiPhone 4S, iPad 2, iPod Touch 5 or better.** Coffee Stain Studios brings next-gen... | Read more »

Price Scanner via MacPrices.net

Near-Office Input Functionality Virtually Any...
Today Logitech introduced the Logitech K380 Multi-Device Bluetooth Keyboard and the Logitech M535 Bluetooth Mouse, giving users the freedom to work on any device, most anywhere. According to... Read more
College Student Deals: Additional $100 off Ma...
Take an additional $100 off all MacBooks and iMacs at Best Buy Online with their College Students Deals Savings, valid through September 4, 2015. Anyone with a valid .EDU email address can take... Read more
Will You Buy An iPad Pro? – The ‘Book Mystiqu...
It looks like we may not have to wait much longer to see what finally materializes as a new, larger-panel iPad (Pro/Plus?) Usually reliable Apple product prognosticator KGI Securities analyst Ming-... Read more
eFileCabinet Announces SMB Document Managemen...
Electronic document management (EDM) eFileCabinet, Inc., a hosted solutions provider for small to medium businesses, has announced that its SecureDrawer and eFileCabinet Online services will be... Read more
WaterField Designs Unveils American-Made, All...
San Francisco’s WaterField Designs today unveiled their all-leather Cozmo 2.0 — an elegant attach laptop bag with carefully-designed features to suit any business environment. The Cozmo 2.0 is... Read more
Apple’s 2015 Back to School promotion: Free B...
Purchase a new Mac or iPad at The Apple Store for Education and take up to $300 off MSRP. All teachers, students, and staff of any educational institution qualify for the discount. Shipping is free,... Read more
128GB MacBook Airs on sale for $100 off MSRP,...
B&H Photo has 11″ & 13″ MacBook Airs with 128GB SSDs on sale for $100 off MSRP. Shipping is free, and B&H charges NY sales tax only: - 11″ 1.6GHz/128GB MacBook Air: $799.99, $100 off MSRP... Read more
13-inch 2.5GHz MacBook Pro (refurbished) avai...
The Apple Store has Apple Certified Refurbished 13″ 2.5GHz MacBook Pros available for $829, or $270 off the cost of new models. Apple’s one-year warranty is standard, and shipping is free: - 13″ 2.... Read more
27-inch 3.2GHz iMac on sale for $1679, save $...
B&H Photo has the 27″ 3.2GHz iMac on sale for $1679.99 including free shipping plus NY sales tax only. Their price is $120 off MSRP. Read more
Apple and Cisco Partner to Deliver Fast-Lane...
Apple and Cisco have announced a partnership to create a “fast lane” for iOS business users by optimizing Cisco networks for iOS devices and apps. The alliance integrates iPhone with Cisco enterprise... Read more

Jobs Board

*Apple* Retail - Multiple Customer Support P...
Job Description: Customer Support Specialist - Retail Customer Service and Sales Transform Apple Store visitors into loyal Apple customers. When customers enter the Read more
*Apple* Desktop Analyst - KDS Staffing (Unit...
…field and consistent professional recruiting achievement. Job Description: Title: Apple Desktop AnalystPosition Type: Full-time PermanentLocation: White Plains, NYHot Read more
Simply Mac *Apple* Specialist- Repair Techn...
Simply Mac is the greatest premier retailer of Apple products expertise in North America. We're looking for dedicated individuals to provide personalized service and Read more
Simply Mac *Apple* Specialist- Service Repa...
Simply Mac is the greatest premier retailer of Apple products expertise in North America. We're looking for dedicated individuals to provide personalized service and Read more
*Apple* Desktop Analyst - KDS Staffing (Unit...
…field and consistent professional recruiting achievement. Job Description: Title: Apple Desktop AnalystPosition Type: Full-time PermanentLocation: White Plains, NYHot Read more
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.