Proxim Emerges From Bankruptcy Under New Ownership

The company was recently acquired by Terabeam Wireless after going through the bankruptcy process. It emerged Monday as Proxim Wireless with a very similar product mix as it had previously.

Specifically, the newly-reformed company will continue to sell its ORiNOCO line of WLAN products such as access points and mesh networking equipment, the company said in a statement. It also will sell its Tsunami point-to-multipoint and point-to-point wireless products. Other product lines include EhterAnt client products, TeraBridge high-capacity outdoor products used for backhaul, GigaLink outdoor products and TeraOptic carrier-grade systems.

"Proxim's brand name and distribution channel are recognized around the globe, and we are building on these strengths with an expanded product portfolio to enable our partners to pursue new revenue opportunities," Robert Fitzgerald, Proxim Wireless' CEO, said in a statement. "Customers can expect to see even more benefits from our combined company as we continue to expand our portfolio of best-of-breed wireless solutions in virtually every arena, from Wi-Fi through wireless Gigabit Ethernet."

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