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Gilat Satellite Reportedly In Talks To Buy Airspan

 Jun 22, 2009 01:19 PM UTC
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Graphic_arrow1 Via BARRONS.com: Tech Trader Daily - Barron's Online:  

Gilat Satellite Networks (GILT) is in preliminary talks to acquire WiMax equipment maker Airspan (AIRN.PK), according to the Israeli business newspaper Globes. The story said the talks are at a very early stage. Pink-sheet listed Airspan, which has a market cap of just $5 million, competes with Alvarion (ALVR).





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