Markets

Ruckus Wireless prices IPO at $15, the high end of the range

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November 15, 2012 — 07:55 am EST

Written by Renaissance Capital->

Ruckus Wireless, which provides carrier-class Wi-Fi systems to mid-tier enterprises and telecoms, raised $126 million by offering 8.4 million shares (17% insider) at $15, the high end of the range of $13 to $15. Ruckus Wireless plans to list on the NYSE under the symbol RKUS. Goldman Sachs, Morgan Stanley and Deutsche Bank acted as joint bookrunners on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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Renaissance Capital
Renaissance Capital is the global leader in providing pre-IPO institutional research and management of IPO-focused investment products.
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