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Short Take: Bay buys WLAN company

Bay Networks plans to acquire wireless local area network (WLAN) company Netwave Technologies for about $10 million. Netwave, which develops wireless connectivity products for PC users, said it shipped the first wireless LAN adapter fully integrated on a PC Card in 1995, and soon will ship products that support both IEEE specifications for wireless LAN technology, Direct Sequence, and Frequency Hopping Spread Spectrum.

Bay Networks plans to acquire wireless local area network (WLAN) company Netwave Technologies for about $10 million. Netwave, which develops wireless connectivity products for PC users, said it shipped the first wireless LAN adapter fully integrated on a PC Card in 1995, and soon will ship products that support both IEEE specifications for wireless LAN technology, Direct Sequence, and Frequency Hopping Spread Spectrum.
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