Ottawa-based EION Wireless has bought a California firm's WiMAX business, giving the local company access to more than 40 fixed and mobile 4G networks worldwide.
EION announced the acquisition of the business unit from publicly traded Aviat Networks Inc. (NASDAQ:AVNW), a Santa Clara company formerly known as Harris Stratex Networks. The deal includes Aviat's StarMAX Series WiMAX 16d and 16e platforms.
"Adding a 4G mobility capability to our wireless division's portfolio provides EION with access to a broader customer base which can be migrated to EION's (long-term evolution) access platforms in the future," said EION chief executive Kalai Kalaichelvan in a statement.
In 2009, Aviat bought the WiMAX business, which is involved in commercial launches, pilots and trials in Russia, India, Kenya, Kuwait and the U.S., among many others. However, in May 2011 the company said it would be selling the division as part of a restructuring to reduce costs and streamline operations.
"The sale of the WiMAX business will enable us to better focus our resources and investments on our microwave transmission products, further positioning us for long-term success," said Aviat CEO Michael Pangia.
Terms of the transaction, which wrapped up Sept. 2, were not disclosed.