Metalink Completes Sale of its WLAN Business (redOrbit)
YAKUM, Israel, February 15, 2010 /PRNewswire-FirstCall/ — Metalink Ltd. (NASDAQ: MTLK) today announced that it has completed the sale of its wireless local area network (WLAN) business to Lantiq for up to $16.5 million in cash. As previously reported, as part of the closing, Lantiq has paid Metalink $5.7 million, of which $3.75 million was used to repay the first installment under Metalink’s …
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Metalink Completes Sale of its WLAN Business (redOrbit)
