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Telaxis, Young Design to Merge

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SOUTH DEERFIELD, Mass., March 19 -- Telaxis Communications Corp., a developer of wireless fiber optic and Ethernet connectivity products, and Falls Church, Va.,-based Young Design Inc. (YDI), a private manufacturer of broadband solutions for wireless Internet service providers, common carriers and mobile carriers, announced they have signed a strategic agreement to combine the companies. Telaxis will issue stock to the current YDI stockholders and YDI will become a wholly-owned subsidiary of Telaxis. Telaxis will be the continuing corporation, and its current stockholders will continue...Read full article

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    Published: March 2003
    CommunicationsNews & Features

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