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MERU News

Meru quiet period ends May 9

Meru Networks, which provides wireless LAN solutions to small and large enterprises, will see its quiet period end on Sunday, May 9th. On March 30th, the company raised $66 million by offering 4.4 million shares at $15, at high end of the range of $13-$15. ...read more

IPO Market Shifts to Growth: 1Q10 Global Review

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With 100 deals and $45 billion in proceeds raised, the 1Q10 was the second best quarter for global IPO issuance since the end of 2007. More importantly, signals of increasing...read more

Meru Networks prices IPO at $15, the high end of the range

Meru Networks, a fast-growing provider of wireless networking (LAN) solutions to small and large enterprises, raised $66 million by offering 4,386,784 shares at $15 per share, the high end of its $13 to $15 range. Insiders accounted for 811,784 or 19% of the...read more

5 IPOs planned for the week of Mar 29

The following IPOs are expected to price this week:

Meru Networks (MERU), which provides wireless LAN solutions to small and large enterprises, plans to raise $61 million...read more