Card Access’ extensive background in the mobile communications arena, including Springbroad, PC Card, and Mini PCI, will enable Proxim not only to expand its enterprise solutions, but also to accelerate the development of its next-generation, high-speed wireless networking solutions.

Commenting on the deal, David King, Proxim’s chairman, president and CEO, said, "Card Access brings additional strong 802.11a technical expertise to Proxim's current development efforts."

With the success of its wireless broadband networking product lines, such as the Harmony, the Stratum, and the Farallon, Proxim now has its sights on incorporating technology that will enable networking speeds up to 100 Mbps versus the current snail pace of 11Mbps; ideal for accessing streaming video and other multimedia content, transferring large files, and supporting high-density environments, the company said.

"We believe Card Access’ products and people will strengthen Proxim’s existing wireless broadband networking capabilities and further Proxim’s anticipated roll out of its 802.11a solutions that will help users break the speed barrier for wireless networking," Mr. King said.

The stock transaction is valued at $4-million. Proxim will integrate Card Access’ personnel into its development, sales, and marketing units.