Metalink Ltd. (Nasdaq: MTLK;TASE: MTLK) processors are used in Ethernet Bridge launched by Cisco Systems Inc. (Nasdaq: CSCO) unit Linksys. Metalink has made no official announcement on the matter, but product reviews mention the Israeli company.
The Ethernet Bridge is designed for private customers to enable wireless connectivity between their televisions and computers. It enables the downloading of a movie from the Internet directly to the television, for example. Linksys launched the product on Thursday, and it is sold online for $85-100 per unit.
Linksys is a leading wireless modem manufacturer. Cisco provides a different version of the Ethernet Bridge for communications operators, and Metalink processors may be included in this version as well.
Metalink jumped 80% on the TASE today to NIS 0.90, after closing at $0.11 on Nasdaq on Friday.
Published by Globes [online], Israel business news - www.globes-online.com - on March 8, 2009
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