Alvarion (ALVR) Announces Completion of Wavion Acquisition

Alvarion Ltd. (NASDAQ: ALVR) today announced that it has completed the acquisition of privately-held Wavion, which was announced on November 2, 2011. The Wavion acquisition enables Alvarion to further leverage its years of experience providing carrier-grade solutions to create a unique combination of multi-technology capabilities which can be optimized for various types of networks and applications.

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