Vyyo agreed to acquire substantially all of the shares of Xtend Networks for approximately $19.6 million. Xtend, headquartered in Tel-Aviv, Israel with operations in Atlanta, Georgia, provides broadband solutions that increase the bandwidth of existing last-mile cable TV networks. Its product line includes multiplexing devices, broadband amplifiers, splitters and CPE devices that enable extension of the usable spectrum of coaxial cable from a current maximum of 860 MHz to up to 3 GHz. The companies said this boost of up to approximately 300% can provide transmission of extremely high throughput of data and multimedia. Xtend’s open architecture complies with existing and future standards such as DOCSIS, DVB-C, DVB-S and Fast and Gigabit Ethernet.
Vyyo offers wireless broadband solutions and is based in Palo Alto, California.www.vyyo.com
