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Brocade to acquire Ruckus Wireless for USD 1.5 billion
2016-04-04 15:19:00| Telecompaper Headlines
(Telecompaper) Brocade Communications has announced an agreement to acquire Wi-Fi equipment maker Ruckus Wireless in a cash and stocks deal worth around USD 1.5 billion. In a joint statement, Brocade and Ruckus said the transaction had been approved by both companies' boards of directors and Ruckus shareholders will receive USD 6.45 in cash and 0.75 shares of Brocade common stock for each share of Ruckus common stock. Brocade said the acquisition will serve to complement its enterprise networking portfolio, allowing it to build a networking company for the digital transformation era. "The combination of Brocade and Ruckus creates a new type of pure-play networking company, with solutions spanning from the heart of the data centre to the wireless network edge," said Brocade.
Tags: wireless
usd
billion
acquire
Brocade to buy Ruckus Wireless for $1.2bn
2016-04-04 02:00:00| Total Telecom industry news
Enterprise networking vendor expands into WiFi; eyes LTE-U opportunities.
Tags: buy
wireless
brocade
ruckus
Ruckus Wireless (RKUS) - Investment Analysts' Recent Ratings Changes
2016-03-01 18:31:05| Wireless - Topix.net
They set a "buy" rating and a $13.00 price target on the stock. 2/22/2016 - Ruckus Wireless had its "outperform" rating reaffirmed by analysts at William Blair.
Tags: recent
changes
ratings
investment
Ruckus says OpenG can make LTE work better indoors
2016-02-19 14:10:20| Wireless - Topix.net
Carriers' efforts to keep mobile devices well-connected can go to naught once users walk into a hotel or office building, if the signals can't get in. Now someone else can solve that problem, according to Ruckus Wireless.
Ruckus Wireless Delivers Smart Wi-Fi Technology To Enhance Learning At Evangel University
2016-02-09 05:39:31| wirelessdesignonline News Articles
Ruckus Wireless, Inc. (NYSE: RKUS) announced today it has supplied next-generation Smart Wi-Fi technology and products for Evangel University. Ruckus' 802.11ac Wave 2 Wi-Fi solution provides students and faculty with a scalable, innovative high-density infrastructure that has transformed education both inside and outside the classroom.
Tags: technology
university
learning
wireless
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