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Ruckus Wireless files for a $100 million IPO

October 5, 2012

Ruckus Wireless, which manufactures Smart Wi-fi and Smart Wireless LAN systems, filed on Friday with the SEC to raise up to $100 million in an initial public offering. The Sunnyvale, CA-based company, which was founded in 2004 and booked $167 million in sales for the 12 months ended 6/30/2012, plans to list under the symbol RKUS. Goldman Sachs, Morgan Stanley, and Deutsche Bank are the joint bookrunners on the deal. No pricing terms were disclosed.