Proxim – going once, going twice


….. and gone! Moseley Associates is buying assets of Proxim, a company that has tried everything from HomeRF to 802.11 to WiMAX to stay in business, but ended up filing for bankruptcy earlier this year. Deal is pegged at about $21 million. Of course it doesn’t help your long term prospects if you are infringing someone’s patents… Interestingly, Intel has used Proxim as its preferred press release partner in all things WiMAX.

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