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Could Nokia or Ericsson Look to Top Brocade's $1.5 Billon Bid for Ruckus Wireless?

2016-04-04 20:14:55| Wireless - Topix.net

Networking company Brocade made a hefty $1.5 billion bid Monday for Ruckus Wireless, a company that helps build carrier-grade Wi-Fi networks at stadiums and other big locations. The bid is a 40 percent premium over where the stock closed Friday, but some analysts believe that the bid could prompt wireless equipment vendors, such as Nokia or Ericsson.

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Category:Telecommunications

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