Ruckus Wireless drops 17 percent

The price of Ruckus Wireless (RKUS) shares dropped 17 percent yesterday to $15.80 after the company reported Q1 2013 revenues and earnings that were below analysts’ expectations. Ruckus Wireless announced that Q2 2013 revenues would also be lower than expected. This brings the price of RKUS shares close to the IPO price of $15. The […]

San Jose free WiFi network launches in downtown

The San Jose free WiFi network is now up and running in the city’s downtown area. The city partnered with SmartWave Technologies (systems integrator) and Ruckus Wireless (vendor of WiFi access points) for this project. The city paid $94,000 for the infrastructure deployment and will pay $22,000 in annual maintenance costs. The wireless network relies […]

Cincinnati Bell chooses Ruckus Wireless for enterprise customers

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Cincinnati Bell, a provider of telecom, mobile and energy services, has chosen Ruckus Wireless (RKUS) equipment for its enterprise customers and WiFi hotspot business. They plan to install Ruckus WiFi gear in places such as local stadiums, college campuses, and other hospitality establishments, and they are looking to use it as well for future upgrades […]

Cisco buys Meraki for $1.2B, makes Ruckus, Ubiquiti, Aruba look undervalued

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Cisco is acquiring Meraki, a private company, for $1.2 billion. Meraki has sold Wi-Fi mesh networking equipment, although more recently it has positioned itself as a cloud-based Wi-Fi management service. Indeed, contrary to what has been said in other articles, it is clear that Cisco is buying Meraki not for its wireless mesh technology, but […]

Ruckus Wireless IPO disappoints, stock price sinks 18 percent on first day

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Ruckus Wireless (RKUS) went public on Friday, November 16, at $15 per share, in one of the most closely watched IPOs because it was the first since Election Day and was considered to be a test of the IPO market. Several companies had already postponed their IPOs because of rough market conditions, but Ruckus went […]

Ruckus Wireless IPO shares priced between $13 and $15, risks remain

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Ruckus Wireless has finally priced its IPO: it will sell 8.4 million shares at a price of between $13 to $15 per share. According to Forbes, the company will have 73,685,793 shares outstanding, and at the midpoint of the range, the company would have a market cap of $1.03 billion. In the Forbes article, Eric […]

Ruckus Wireless targets high density Wi-Fi deployments

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Complaining about terrible Wi-Fi service in conferences and finding solutions to improve it are favorite topics here on MuniWireless. That’s why we are happy to report that Ruckus Wireless has released new products to target Wi-Fi hotspots in convention centers, hotel conference areas, sports arenas, train stations and city centers. As for relying on your […]

Friday morning reads: Free Wi-Fi in London and South Korea

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London: Virgin Media will extend free Wi-Fi service in the London Underground until the end of 2012. Virgin had set up free WiFi service in 72 stations for the Olympic Games and planned to start charging users after the Games. That has changed, to the delight of those who use the Tube regularly. South Korea: […]

Tips on how improve WiFi in conferences and other crowded venues

We’ve all been to conferences and other types of events where there’s Wi-Fi service, but it is too slow or even unusable. I asked people who set up Wi-Fi networks for crowded events what one must do to ensure that users have a good Wi-Fi experience. One wireless ISP provided the following tips: (1) Plan […]

Ruckus Wireless files for $100M IPO

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Ruckus Wireless has filed a form S-1 registration statement for its initial public offering to raise $100M. In the S-1 the company says it is profitable. It reports a net income of $4.2M in 2011 (after a net loss of $10M in 2009 and a net loss of $4.4M in 2010). For the first half […]