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Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable.
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To: Bernard Levy who wrote (830)1/8/1998 12:23:00 AM
From: JW@KSC  Read Replies (1) of 2063
 
Re: LMDS is starting to get some respect as a technology.

Thanks Bernard!

(snip)
HARMONIC LIGHTWAVES COMPLETES ACQUISITION OF NEW MEDIA COMMUNICATION

SUNNYVALE, Calif. - January 7, 1998 - Harmonic Lightwaves, Inc. (Nasdaq: HLIT) today reported that it completed its acquisition of
New Media Communication Ltd., a privately-held supplier of
broadband, high-speed data delivery software and hardware, effective
January 5, 1998. The acquisition of New Media should enable Harmonic, a leading supplier of fiber optic transmission and digital headend products for the cable television industry, to offer a comprehensive solution for delivering multi-media over major broadband networks, including cable, satellite and wireless. Harmonic announced its
intent to acquire New Media on September 16, 1997. The consideration
for the acquisition was the issuance of 1,037,911 shares of Harmonic
common stock and the assumption of all outstanding New Media stock
options.
harmonic-lightwaves.com
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