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Cisco ends Radiata wi - fi production

Global networking giant Cisco is winding down an Australian technology company that it bought three years ago for $567 million at the peak of enthusiasm for the local high-tech industry.

The decision has shocked the Australian technology industry, which regarded Radiata as a standout success story. The company's failure, even with the backing of an industry giant, is seen as a sign of the cutthroat competition and relentless innovation in the sector.

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    Original URL: https://www.afr.com/politics/cisco-ends-radiata-wi-fi-production-20040127-jkjrr