Fast-growing Wi-Fi tech firm Ruckus Wireless has signed up Morgan Stanley and Goldman Sachs to work on a possible IPO later this year, according to sources at Bloomberg. Ruckus CEO Selina Lo confirmed that the firm is exploring options and is in talks with bankers about a possible listing – but declined to elaborate on plans or the banks involved. Ruckus is a specialist in kit that offloads traffic from mobile to Wi-Fi networks. Rival BelAir Networks was recently acquired by Ericsson.
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