Thursday, March 23, 2006

Vyyo Raises $25 Million from Goldman, Sachs & Co.

Vyyo, a global supplier of broadband access equipment for cable and private wireless broadband network solutions, completed its previously announced $25million in financing from Goldman, Sachs & Co. The company said the new equity and long-term debt will provide it with increased resources and flexibility as it scales its business in the U.S. cable and utility businesses.