P-Com has terminated its letter of intent to acquire Procera Networks, a start-up based in Sunnyvale, California that offers Layer 7 switching technology. P-Com said it must remain focused on the fixed wireless market.
http://www.p-com.com
- On 27-January-2003, P-Com, a provider of point-to-point, spread spectrum, and point-to-multipoint broadband wireless products, announced plans to acquire privately held Procera Networks, which designs and builds Layer 7 switches that provide wire-speed routing, switching, flow metering and packet shaping. Financial terms were not disclosed. Procera's Layer 7 switch provides granular management of bandwidth and applications. At the time, P-Com said microwave radio suppliers have traditionally handed off bandwidth management to specialized third party networking devices. With the Procera technology, P-Com's wireless solutions would be able to groom network traffic by prioritizing applications.
- Also in January 2003, P-Com and Telaxis mutually terminated their planned merger. The deal would have combined P-Com's point-to-point, spread spectrum, and point-to-multipoint broadband wireless products with Telaxis' FiberLeap products, which also provide wireless extensions for fiber networks.
