Alvarion to sell carrier licensed division to Telrad Networks for $6.1M

theflyonthewall.com

Alvarion has entered into a definitive agreement with Telrad Networks pursuant to which Telrad Networks will acquire Alvarion's carrier licensed division. The consideration in the transaction will be $6.1M. In addition, Alvarion may receive certain performance-based milestone payments of up to $6M.

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