Company Performance Metrics
HXI was founded as Harmonix Corporation in 1992. The company was originally located in Woburn, Massachusetts and was a pioneer in the development of short-range, high data rate, wireless communication links for densely populated areas, such as Tokyo, where connection to fiber was not readily available or too expensive to be considered. The solution
was a 100 Mbps, 60 GHz radio link that could easily be deployed on rooftops, behind windows, etc. Financial backing came from Omron Corporation and SoftBank, both Japanese companies, and the capability to develop and manufacture the radio link was built up around the founders. Engineers, technicians and assemblers came from companies such as Lockheed Sanders (now BAE Systems), Textron, Alpha Industries, M/A-COM and Millitech to form the core millimeter wave group that is still in place today. Radio link deployments were originally in Japan and expanded to the U.S. when regulations were established. In October 2000, Harmonix became the first company to obtain certification for a radio product under the FCC regulations for the newly established 57 - 64 GHz band. A complementary Components and Sub-systems business, servicing government contractors, subcontractors, government entities and educational institutions, was a natural extension of the radio business, as the technology already existed within the company. The HXI brand name was established around this time and was used for both businesses.
