Positions company to address rapidly-growing demand for carrier-grade WiFi solutions
Washington D.C., November 23, 2011 — Alvarion Ltd. (NASDAQ: ALVR), a provider of
optimized wireless broadband solutions addressing the connectivity, capacity and coverage
challenges of public and private networks, today announced that it has completed the acquisition of privately-held Wavion, which was announced on November 2, 2011.
The Wavion acquisition enables Alvarion to further leverage its years of experience providing carrier-grade solutions to create a unique combination of multi-technology capabilities which can be optimized for various types of networks and applications.
“The acquisition of Wavion will enable us to address the market for carrier-grade WiFi, one of
the fastest growing segments of telecom equipment, with advanced technology designed
specifically to serve the most demanding applications of both public and private networks,” said
Eran Gorev, President and CEO of Alvarion. “We are pleased that we were able to close the
acquisition quickly and will focus on rapid integration to leverage our combined strengths. We
continue to expect the acquisition to be accretive to non-GAAP earnings beginning in Q2 of 2012.”
About Wavion
Wavion is a technology leader in outdoor WiFi applications for metro and rural areas with
deployments in more than 75 countries. Featuring Wavion Base Stations with 802.11n in 2.4
GHz and 5 GHz unlicensed bands and in 700 MHz licensed band, Wavion offers end-to-end
solutions including access, backhaul, CPEs, management and service provisioning tools.
Wavions’s headquarters is located in Yoqne’am Israel, with worldwide offices in the U.S., Brazil,
Mexico, Colombia, India, China, Philippines, Singapore, Africa and Russia.
About Alvarion
Alvarion Ltd. (NASDAQ:ALVR) provides optimized wireless broadband solutions
addressing the connectivity, capacity and coverage challenges of telecom operators
smart cities, security, and enterprise customers. Our innovative solutions are based on
multiple technologies across licensed and unlicensed spectrums.
(www.alvarion.com)