NTPA - Netopia, Inc. DSL hardware provider Message Board

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Technology Stocks : NTPA - Netopia, Inc. DSL hardware provider

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To: zax who wrote (342)	3/23/2001 10:06:10 AM
From: zax	of 360

Proxim, Netopia End Merger Talks Updated: Friday, March 23, 2001 08:24 AM ET Email this article to a friend! Printer-friendly version SUNNYVALE, Calif. (Dow Jones)--Proxim Inc. (PROX, news, msgs) and Netopia Inc. (NTPA, news, msgs) terminated their agreement and plan of reorganization, citing "current market conditions." In a press release Friday, the companies said the agreement ends without payment of any termination fees. In January, Proxim agreed to acquire Netopia in a stock transaction that valued Netopia at about $223 million. Proxim makes spread spectrum wireless local area network products. Company Web site: proxim.com Netopia makes and supports Internet and electronic commerce infrastructure. Company Web site: netopia.com -Jason Philyaw; Dow Jones Newswires; 201-938-5388

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