Airespace Cracks Europe
The move marks the startup’s first stab at the European enterprise wireless LAN market. Earlier this year the company struck a high-profile OEM partnership deal with NEC Corp. (Nasdaq: NIPNY; Tokyo: 6701) and announced a number of smaller contract wins in Korea (see Airespace Takes Off and Airespace Expands Into Korea).
The announcement follows a busy few months for the U.S. startup. The vendor secured a $22 million cash injection back in July and last month made its first major move into the emerging voice-over-wireless-LAN market (see Airespace Lands Another $22M and Airespace Talks Up VOIP).
— Justin Springham, Senior Editor, Europe, Unstrung