Monday, November 5, 2012

Ruckus Wireless Sets Estimated IPO Range

Sunnyvale-based Ruckus Wireless has set its initial public offering range, saying this morning in a filing that it expects to price its shares at between $13.00 and $15.00 in its IPO. The offering would raised $144.9M for the company, if priced at $15.00. Ruckus has applied to list on the New York Stock Exchange as RKUS. Ruckus Wireles is a provider of carrier class Wi-Fi equipment. Ruckus originally filed for its IPO last month.