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Stock Market & Financial Investment News

News Breaks
October 8, 2012
05:44 EDTALVRAlvarion connects 300 smart cities in Brazil, tripling deployments in two years
Alvarion announced that the company has deployed its best-in-class carrier-grade wireless broadband solutions in approximately 300 municipalities across 24 different states in Brazil, creating ‘Smart Cities’ dedicated to delivering superior services to residents and improving quality of life.
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May 10, 2013
16:03 EDTALVRAlvarion completes sale of carrier licensed division to Telrad
Under the finally agreed terms, Alvarion will receive consideration of $4M, paid in installments over four quarters, with the first payment of $1.3M payable at closing. In addition, Alvarion may receive certain performance-based milestone payments of up to $7.7M. The change in consideration from the originally-agreed consideration of $6M plus up to $6.1M in certain performance-based milestone payments, announced on February 21 resulted from a waiver of certain closing conditions in order to ensure and expedite the closing of the transaction.
May 6, 2013
13:16 EDTALVRAlvarion, Eltek could be near major deals, Globes columnist writes
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