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Adaptive Broadband considers corporate sale

The board of directors for Adaptive Broadband, which makes high-speed fixed wireless equipment that operates in unlicensed wireless spectrum, is now willing to consider a sale, merger or recapitalization of the company. In May, Adaptive announced it would explore some less drastic "strategic alternatives" but expanded its options late Tuesday. Dain Rauscher Wessels is serving as financial advisor to Adaptive.

    The board of directors for Adaptive Broadband, which makes high-speed fixed wireless equipment that operates in unlicensed wireless spectrum, is now willing to consider a sale, merger or recapitalization of the company. In May, Adaptive announced it would explore some less drastic "strategic alternatives" but expanded its options late Tuesday. Dain Rauscher Wessels is serving as financial advisor to Adaptive.