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alan.varghese
Next generation mobile networks are getting to get smaller in form-factor. So ...
Ceragon buys Greek design house
9/20/2010 1:17 PM EDT
SAN JOSE, Calif. - Ceragon Networks Ltd., a provider of 4G/LTE wireless backhaul networks, has acquired Elxys Innovations of Athens, Greece.
Total consideration was $1.6 million plus 200,000 restricted share units to Elxys founders who are now Ceragon employees.
Elxys is a designer of radio-frequency integrated circuits. Elxys has been Ceragon's design partner for a number of years. The company specializes in analog, RF, millimeter-wave and mixed signal integrated circuit design spanning from baseband up to 77 GHz.
"Mobile networks are becoming more and more dependent on high-capacity wireless backhaul," said Ira Palti, president and CEO of Ceragon (Paramus, N.J.), in a statement. "We believe that the next generation microwave radios will be based on highly integrated RFICs. Adding a group of proficient RFIC engineers will allow us to reach higher levels of integration while continuing to the stretch the envelope in terms of radio capacity, reliability and availability.''
Total consideration was $1.6 million plus 200,000 restricted share units to Elxys founders who are now Ceragon employees.
Elxys is a designer of radio-frequency integrated circuits. Elxys has been Ceragon's design partner for a number of years. The company specializes in analog, RF, millimeter-wave and mixed signal integrated circuit design spanning from baseband up to 77 GHz.
"Mobile networks are becoming more and more dependent on high-capacity wireless backhaul," said Ira Palti, president and CEO of Ceragon (Paramus, N.J.), in a statement. "We believe that the next generation microwave radios will be based on highly integrated RFICs. Adding a group of proficient RFIC engineers will allow us to reach higher levels of integration while continuing to the stretch the envelope in terms of radio capacity, reliability and availability.''
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alan.varghese
9/20/2010 9:37 PM EDT
Next generation mobile networks are getting to get smaller in form-factor. So instead of the big macrocell base stations, we are starting to see much more widespread deployment of smaller topologies such as picocells. These are typically mounted on a utility pole or in some other confined setting, so it is critical that the RF circuits and backhaul also be optimum in size. Ceragon's buying out of Elxysis has to do with acquring key RF talent, to help them engage with these changing markets.
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