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Proxim Wireless  (Stock symbol: PROXQ ) Acquired by Western Multiplex (2002 $ 205,000,000)

2115 O'Nel Drive
San Jose, CA 95131
Website Company Summary Management Team

Outside board: (May no longer be on the board) J. Michael Gullard (Cornerstone Management) John W. Gerdelman (Intelliden Executive Chairman) Lee Gopadze (Proxim Wireless Executive Chairman) Alan B. Howe (Determine co-chair of the Communications Group) Rao Papola (SRA OSS President) Robert A. Wiedemer (Business Valuation Center Managing Partner)

Business description: Proxim Wireless Corporation is a wholly-owned subsidiary of Terabeam, Inc. (NASDAQ: TRBM). Proxim Wireless is a global pioneer in developing and supplying scalable broadband wireless networking systems for enterprises, governments, and service providers. From Wi-Fi to wireless Gigabit Ethernet - our WLAN, mesh, point-to-multipoint, and point-to-point products are available through our extensive global channel network, backed by world-class support. Proxim is a Principal Member of the WiMAX Forum and is ISO-9001 certified. Proxim Wireless offers the industry's broadest portfolio of broadband wireless technologies: Wi-Fi Mesh, WiMAX, WLAN and wireless backhaul. No company is better equipped to address the need for scalable broadband wireless networks as enterprises and communities worldwide strive to unwire their broadband access and communications.
Customers include: FrostAndSullivanFujitsuShotSpotter Trimble Navigation;  Ball State University;  Benedict College;  Canyon Independent School District;  CentraState Medical Center;  Chaparral CableVision ;  Charleston Southern University;  City of Malden, MA ;  City of Radford, Virginia ;  EZ Wireless;  Grid;  Hyundai Mobis;  Intermac;  Leptos Groups;  Lewis University ;  Memorial City Mall.;  NEC Infrontia ;  OmniGlobe Networks ;  Republic of Bulgaria’s Max Telecom ;  Rijeka, Croatia ;  Shangri-la's Far Eastern Plaza Hotel, Taipei ;  Sify ;  State of Nebraska school districts ;  Town of Pepperell ;  U.S. Army’s Fort Dix ;  Village of Bellwood ;  Virginia’s Arlington County ;  Westside Union School District
Partners include: AvayaCompaqIBMIntelMicrosoftMotorolaNomadixNovellVocera Communications;  Grid;  Orient Semiconductor;  SpectraLink;  Wollagong Group;  Zenith

Capital raised: 14.0M
Ownership: Acquired by Western Multiplex (2002 $ 205,000,000)
Stock Symbol: PROXQ
VCs include: Vertex Ventures;  MK Global Ventures;  Hillside Capital
Corporate investors: Intel Capital;  Orient Semiconductor;  Motorola Ventures

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Record updated: Jan 2011
Sector: Communications
Year Founded: 1979
Headcount: 401-500 as of Jun 2003
Capital Raised: 14.0M
Ownership: Acquired by Western Multiplex (2002 $ 205,000,000)
Stock Symbol: PROXQ