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

DiskCatalogMaker 6.4.12 - Catalog your d...
DiskCatalogMaker is a simple disk management tool which catalogs disks. Simple, light-weight, and fast. Finder-like intuitive look and feel. Super-fast search algorithm. Can compress catalog data... Read more
Macs Fan Control 1.3.0.0 - Monitor and c...
Macs Fan Control allows you to monitor and control almost any aspect of your computer's fans, with support for controlling fan speed, temperature sensors pane, menu-bar icon, and autostart with... Read more
Lyn 1.5.11 - Lightweight image browser a...
Lyn is a lightweight and fast image browser and viewer designed for photographers, graphic artists and Web designers. Featuring an extremely versatile and aesthetically pleasing interface, it... Read more
NeoOffice 2014.11 - Mac-tailored, OpenOf...
NeoOffice is a complete office suite for OS X. With NeoOffice, users can view, edit, and save OpenOffice documents, PDF files, and most Microsoft Word, Excel, and PowerPoint documents. NeoOffice 3.x... Read more
LaunchBar 6.4 - Powerful file/URL/email...
LaunchBar is an award-winning productivity utility that offers an amazingly intuitive and efficient way to search and access any kind of information stored on your computer or on the Web. It provides... Read more
Remotix 3.1.4 - 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
DesktopLyrics 2.6.6 - Displays current i...
DesktopLyrics is an application that displays the lyrics of the song currently playing in "iTunes" right on your desktop. The lyrics for the song have to be set in iTunes; DesktopLyrics does nothing... Read more
VOX 2.5.1 - Music player that supports m...
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
NetNewsWire 4.0.0 - RSS and Atom news re...
NetNewsWire is the best way to keep up with the sites and authors you read most regularly. Let NetNewsWire pull down the latest articles, and read them in a distraction-free and Mac-like way. Native... Read more
MacUpdate Desktop 6.0.6 - Search and ins...
MacUpdate Desktop 6 brings seamless 1-click installs and version updates to your Mac. With a free MacUpdate account and MacUpdate Desktop 6, Mac users can now install almost any Mac app on macupdate.... Read more

Biz Builder Delux (Games)
Biz Builder Delux 1.0.0 Device: iOS Universal Category: Games Price: $4.99, Version: 1.0.0 (iTunes) Description: Ah, there's nothing like the rhythmic bustle of a burgeoning business burg... especially when you're the one building it... | Read more »
Auroch Digital is Bringing Back Games Wo...
| Read more »
Carbo - Handwriting in the Digital Age...
Carbo - Handwriting in the Digital Age 1.0 Device: iOS Universal Category: Productivity Price: $3.99, Version: 1.0 (iTunes) Description: | Read more »
Draggy Dead (Games)
Draggy Dead 1.1 Device: iOS Universal Category: Games Price: $.99, Version: 1.1 (iTunes) Description: Ditch your dead end job and take up a rewarding career in Grave Robbing today!Guide the recently deceased to a fun filled life of... | Read more »
Bad Dinos (Games)
Bad Dinos 1.0.0 Device: iOS Universal Category: Games Price: $2.99, Version: 1.0.0 (iTunes) Description: | Read more »
The Apple Watch isn't Great as a Fi...
| Read more »
Show the World What You See With Stre.am...
Live broadcasting is getting popular on mobile devices, which is why you can now get Stre.am, by Infinite Takes. [Read more] | Read more »
PhotoTime's 2.1 Update Adds Apple W...
The latest PhotoTime update is adding even more functionality to the handy photo organizing app. Yep, including Apple Watch support. [Read more] | Read more »
Oh My Glob! Adventure Time Puzzle Quest...
Finn and Jake are taking over D3 Go!'s popular puzzle game series in the upcoming Adventure Time Puzzle Quest. [Read more] | Read more »
Earthcore: Shattered Elements - Tips, Tr...
At first glance, Earthcore: Shattered Elements seems like a rather simple card-battling game. Once you’re introduced to skills that will change quite a bit. Even more so once you start to acquire hero cards. But it’s not so complicated that we... | Read more »

Price Scanner via MacPrices.net

OtterBox Maximizes Portability, Productivity...
From the kitchen recipe book to the boarsroom presentation, the OtterBox Agility Tablet System turns tablets into one of the most versatile pieces of handheld technology available. Available now, the... Read more
Launch of New Car App Gallery and Open Develo...
Automatic, a company on a mission to bring the power of the Internet into every car, has announced the launch of the Automatic App Gallery, an app store for nearly every car or truck on the road... Read more
Memorial Day Weekend Sale: 13-inch 1.6GHz Mac...
Best Buy has the new 13″ 1.6GHz/128GB MacBook Air on sale for $849 on their online store this weekend. Choose free shipping or free local store pickup (if available). Sale price for online orders... Read more
Memorial Day Weekend Sale: 27-inch 3.5GHz 5K...
Best Buy has the 27″ 3.5GHz 5K iMac on sale for $2099.99 this weekend. Choose free shipping or free local store pickup (if available). Sale price for online orders only, in-store prices may vary.... Read more
Sale! 16GB iPad mini 3 for $349, save $50
B&H Photo has the 16GB iPad mini 3 WiFi on sale for $349 including free shipping plus NY sales tax only. Their price is $50 off MSRP, and it’s the lowest price available for this model. Read more
Price drop on 2014 15-inch Retina MacBook Pro...
B&H Photo has dropped prices on 2014 15″ Retina MacBook Pros by $200. Shipping is free, and B&H charges NY sales tax only: - 15″ 2.2GHz Retina MacBook Pro: $1799.99 save $200 - 15″ 2.5GHz... Read more
With a Mission to Make Mobile Free, Scratch W...
Scratch Wireless, claiming to be the world’s first truly free mobile service, has announced the availability of a new Scratch-enabled Android smartphone, the Coolpad Arise. The smartphone is equipped... Read more
First-Ever Titanium Alloy Curved iPhone 6 Scr...
One of the most common problems with mobile phones is damage to the screens. The slightest drop can cause a dreaded spider web of gashes and cracks in the glass panel surface that can cost $hundreds... Read more
Preorder new 12-inch MacBook, $10 off, save o...
Adorama has new 12″ Retina MacBooks available for preorder for $10 off MSRP including free shipping plus NY & NJ sales tax only. For a limited time, Adorama will include a free Apple USB-C to USB... Read more
Will iOS 9 Finally Bring Productivity Friendl...
Ah, the irony. From its original announcement in 2010, Apple has doggedly insisted that the iPad remain “simple,” thus arbitrarily limiting its considerable potential as a content creation and... 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
Architect / Senior Software Engineer, *Apple...
Changing the world is all in a day039s work at Apple . If you love innovation, here039s your chance to make a career of it. You039ll work hard. But the job comes with Read more
*Apple* Solutions Consultant - Retail Sales...
**Job Summary** As an Apple Solutions Consultant (ASC) you are the link between our customers and our products. Your role is to drive the Apple business in a retail Read more
*Apple* Pay Support Readiness Project Manage...
Changing the world is all in a day039s work at Apple . If you love innovation, here039s your chance to make a career of it. You039ll work hard. But the job comes with Read more
*Apple* Solutions Consultant - Retail Sales...
**Job Summary** As an Apple Solutions Consultant (ASC) you are the link between our customers and our products. Your role is to drive the Apple business in a retail Read more
All contents are Copyright 1984-2011 by Xplain Corporation. All rights reserved. Theme designed by Icreon.