Michael Cai, a senior analyst with Parks Associates, doesn't think Flarion will become the next Qualcomm - the company that developed wireless technology used by cellular giants Verizon Wireless and Sprint PCS, among others.

But he thinks the company is making the right moves. "Flarion is a smart company ... in terms of getting vendor support and moving quickly to improve their technology," said Cai.

Flarion, which is privately held, employs about 200 in its Bedminster headquarters and has raised about $100 million.

From the article "Flarion, NetGear Join Forces on High-Speed Wireless Modem ; Device Also Would Offer Users Mobility" By McKay

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