Friday, June 17, 2011

Ubiquiti Networks Files For IPO

San Jose-based Ubiquiti Networks filed for an IPO Friday, saying that it is looking to raised up to $200M in its public offering. Ubiquiti has filed to list on the NASDAQ Global Market as UBNT. Ubiquiti's IPo is being underwritten by UBS Investment Bank and Raymond James. Ubiquiti is a maker of wireless networking equipment, and is backed by Summit Partners.