Trapeze Buys Newbury Networks

Trapeze Networks, a provider of wireless LAN equipment and network management software, has acquired Newbury Networks, a Boston-based provider of WLAN location systems. No financial terms were disclosed. Trapeze was a VC-backed company acquired earlier this year for $133 million by Belden (NYSE: BDC), while Newbury was a portfolio company of Idealab.

16 December 2008•3 mins read
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