Summary:

InformationWeek reports that Airspan, which makes WiMAX gear has snapped up VoIP equipment maker, ArelNet for $8.7 million in a bid to go after the VoIP market. Now if this was to go public, well you can expect a lot of interest in this company since […]

InformationWeek reports that Airspan, which makes WiMAX gear has snapped up VoIP equipment maker, ArelNet for $8.7 million in a bid to go after the VoIP market. Now if this was to go public, well you can expect a lot of interest in this company since it has all the right “buzzwords” in its business plan. Under terms of the deal, Airspan paid $4 million in cash and $4.7 million in shares for ArelNet.

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