Metalink to Sell its WLAN Business to Lantiq for up to $16.9 Million

YAKUM, Israel, January 5 /PRNewswire-FirstCall/ -- Metalink Ltd. (NASDAQ: MTLK) today announced that it has entered into a definitive asset purchase agreement to sell its wireless local area network (WLAN) business to Lantiq, a newly-formed fabless semiconductor company funded by Golden Gate Capital.

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