Harmony and Nixxoeiger technology (AXA) is playing a major part in all of this. Best thing I can suggest is for those interested to go to SEDAR and print/read all of the postings and releases from AXA for about the last 12 months. In a nut shell IMHO this is as it stands now.
Eiger owns 25% of Nixxo. Nixxo is a subsidiary of Standard Telecom America (STA). STA is a divission of Standard Telecon Korea STA. STA has over $500 million in sales/ year.
Eiger announced that Nixxo and Harmony will merge and after the merger will be known as Nixxo. IMHO Eiger was the force behind this merger. I and several Eiger posters believed at that time that is was a faster way for Eiger to get listed in the US. This has been confirmed to a point by the latest release from Eiger dealing with their purchase of 55% of STA for 7 million Eiger shares and a removal of the condition that Nixxo be listed on a stock exchange. I guess that a US listing is not as important at this time.
Where this leaves Harmony I am not sure because I was under the impression that the Nixxo and Harmony merger was completed. However there is no mention of this in Eiger's latest release.
After the latest Eiger/STA deal is completed the Nixxo products will be known as Nixxo by Eiger technology.
One thing for certain is that the Eiger team can and do make some great deals and IMHO are positioning themselves well for the future of MP3 and DSL and wireless internet/cellphones. good luck with your DD