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

 
AAPL
$109.41
Apple Inc.
+2.67
MSFT
$45.74
Microsoft Corpora
+0.58
GOOG
$504.89
Google Inc.
+9.50

MacTech Search:
Community Search:

Software Updates via MacUpdate

Command-C 1.1.7 - Clipboard sharing tool...
Command-C is a revolutionary app which makes easy to share your clipboard between iOS and OS X using your local WiFi network, even if the app is not currently opened. Copy anything (text, pictures,... Read more
Tidy Up 4.0.2 - Find duplicate files and...
Tidy Up is a complete duplicate finder and disk-tidiness utility. With Tidy Up you can search for duplicate files and packages by the owner application, content, type, creator, extension, time... Read more
Typinator 6.3 - Speedy and reliable text...
Typinator turbo-charges your typing productivity. Type a little. Typinator does the rest. We've all faced projects that require repetitive typing tasks. With Typinator, you can store commonly used... Read more
GraphicConverter 9.5 - Graphics editor w...
GraphicConverter is an all-purpose image-editing program that can import 200 different graphic-based formats, edit the image, and export it to any of 80 available file formats. The high-end editing... Read more
Toast Titanium 12.0.1 - The ultimate med...
Toast Titanium goes way beyond the very basic burning in the Mac OS and iLife software, and sets the standard for burning CDs, DVDs, and now Blu-ray discs on the Mac. Create superior sounding audio... Read more
QuickBooks 2015 16.0.2.1422 R3 - Financi...
Save 20% on QuickBooks Pro for Mac today through this special discount link QuickBooks Pro 2013 helps you manage your business easily and efficiently. Organize your finances all in one place, track... Read more
Remotix 3.0.6 - Access all your computer...
Remotix is a fast and powerful application to easily access multiple Macs (and PCs) from your own Mac. Features: Complete Apple Screen Sharing support - including Mac OS X login, clipboard... Read more
BetterZip Quick Look Generator 1.5 - Let...
BetterZip Quick Look Generator lets you view the contents of compressed archives through OS X's Quick Look functions. Simply select an archive in the Finder, in Mail, or Spotlight and press the... Read more
Sandvox 2.9.3 - Easily build eye-catchin...
Sandvox is for Mac users who want to create a professional looking website quickly and easily. With Sandvox, you don't need to be a Web genius to build a stylish, feature-rich, standards-compliant... Read more
Pixelmator 3.3.1 - Powerful layer-based...
Pixelmator is a beautifully designed, easy-to-use, fast, and powerful image editor for OS X. It has everything you need to create, edit, and enhance your images. Pixelmator is a layer-based image... Read more

Latest Forum Discussions

See All

Pentaction: Medieval (Games)
Pentaction: Medieval 1.0 Device: iOS Universal Category: Games Price: $1.99, Version: 1.0 (iTunes) Description: Pentaction: Medieval is a turn-based strategy board-game about chance and skill on the battlefield. Take control of your... | Read more »
Hipstify Review
Hipstify Review By Jennifer Allen on December 17th, 2014 Our Rating: :: COOL FILTERSUniversal App - Designed for iPhone and iPad Add filters, quotes, and fancy frames to your images, thanks to Hipstify.   | Read more »
Mighty Smighties Gets Evolve Cards and N...
Mighty Smighties Gets Evolve Cards and New Worlds Posted by Jessica Fisher on December 17th, 2014 [ permalink ] Universal App - Designed for iPhone and iPad | Read more »
Duckie Deck Card Wars Review
Duckie Deck Card Wars Review By Amy Solomon on December 17th, 2014 Our Rating: :: STYLISH GAME OF CARDSUniversal App - Designed for iPhone and iPad Duckie Deck Card Wars adapts the classic card game War for use on devices, complete... | Read more »
PDF Office Review
PDF Office Review By Jennifer Allen on December 17th, 2014 Our Rating: :: CONVENIENT PDF EDITINGiPad Only App - Designed for the iPad Want to create your own PDF files? Import them from elsewhere? Adapt a web page into a PDF? PDF... | Read more »
The Out There: Ω Edition Update will be...
The Out There: Ω Edition Update will be Releasing in 2015, Bringing Better Graphics and Additional Content Posted by Jessica Fisher on December 17th, 2014 [ permalink ] | Read more »
Pinball Planet Pro (Games)
Pinball Planet Pro 1.02 Device: iOS Universal Category: Games Price: $2.99, Version: 1.02 (iTunes) Description: - Our missionWe've always loved to play pinball games but we noticed most modern pinball games are simulators for the... | Read more »
Ultrakam 4k. The Professional Camera App...
Ultrakam 4k. The Professional Camera App. 3.0 Device: iOS Universal Category: Photography Price: $9.99, Version: 3.0 (iTunes) Description: In March 2014, Ultrakam brought Film Resolution for iPhone for the first time ever and now is... | Read more »
Email+ (Business)
Email+ 1.0 Device: iOS Universal Category: Business Price: $2.99, Version: 1.0 (iTunes) Description: Send email, fast! | Read more »
Mayor it up in SimCity BuildIt, Out Now
Mayor it up in SimCity BuildIt, Out Now Posted by Jessica Fisher on December 16th, 2014 [ permalink ] Universal App - Designed for iPhone and iPad | Read more »

Price Scanner via MacPrices.net

Holiday sales continue: MacBook Pros for up t...
 B&H Photo has new MacBook Pros on sale for up to $300 off MSRP as part of their Holiday pricing. Shipping is free, and B&H charges NY sales tax only: - 15″ 2.2GHz Retina MacBook Pro: $1699... Read more
Google Search App For iOS Gets A Major Makeov...
Google has given iOS users an early Christmas present with a substantial update of it’s not-very-often-upgraded Google Search app. Google Search has been my go-to tool for Web searches since it was... Read more
ShopKeep Apple Pay And Chip Card Reader Avail...
ShopKeep, a cloud-based technology provider to more than 10,000 small business owners to manage retail shops and restaurants with iPads, has released its new Apple Pay and chip card reader. This... Read more
Holiday sale! 27-inch 5K iMac for $2299, save...
 B&H Photo has the 27″ 3.5GHz 5K iMac in stock today and on sale for $2299 including free shipping plus NY sales tax only. Their price is $200 off MSRP, and it’s the lowest price available for... Read more
Holiday Sale! 3.7GHz Quad Core Mac Pro availa...
 B&H Photo has the 3.7GHz Quad Core Mac Pro on sale for $2599 including free shipping plus NY sales tax only. Their price is $400 off MSRP, and it’s the lowest price for this model from any... Read more
iPhone 6 Number 3 Canadian Google Search Of 2...
CTVNews.ca reports that Apple’s iPhone 6 was the third highest-trending Google Canada search topic of 2014, exceeded only by Robin Williams largely after his death by suicide in August, and the FIFA... Read more
New iPad mini 3 Counter-Top & Wall Mount...
newMacgadgets has announced new secure all-acrylic displays for the iPad mini 3 (also works fine with the mini 2, last year’s iPad mini With Retina Display, and the original iPad mini). The new iPad... Read more
Holiday sales continue, MacBook Airs for up t...
B&H Photo has 2014 MacBook Airs on sale for up to $120 off MSRP, for a limited time, for the Thanksgiving/Christmas Holiday shopping season. Shipping is free, and B&H charges NY sales tax... Read more
B&H lowers price on 27-inch 3.2GHz iMac t...
B&H Photo has lowered their price on the 27″ 3.2GHz iMac, now on sale for $1629 including free shipping plus NY sales tax only. Their price is $170 off MSRP, and it’s the lowest price for this... Read more
15-inch 2.0GHz Retina MacBook Pro available f...
B&H Photo has lowered their price on leftover 2013 15″ 2.0GHz Retina MacBook Pros to $1499 including free shipping plus NY sales tax only. Their price is $500 off original MSRP. Read more

Jobs Board

*Apple* Retail - Multiple Positions (US) - A...
Sales Specialist - Retail Customer Service and Sales Transform Apple Store visitors into loyal Apple customers. When customers enter the store, you're also the Read more
*Apple* Retail - Multiple Positions (US) - A...
Sales Specialist - Retail Customer Service and Sales Transform Apple Store visitors into loyal Apple customers. When customers enter the store, you're also the Read more
*Apple* Retail - Multiple Positions (US) - A...
Job Description: Sales Specialist - Retail Customer Service and Sales Transform Apple Store visitors into loyal Apple customers. When customers enter the store, Read more
*Apple* Retail - Multiple Positions (US) - A...
Sales Specialist - Retail Customer Service and Sales Transform Apple Store visitors into loyal Apple customers. When customers enter the store, you're also the Read more
Project Manager / Business Analyst, WW *Appl...
…a senior project manager / business analyst to work within our Worldwide Apple Fulfillment Operations and the Business Process Re-engineering team. This role will work Read more
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.