Press Releases 2016

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SUNNYVALE, Calif. – August 30, 2016 – Ruckus Wireless, Inc., now part of Brocade, today announced the ZoneFlex™ H510, a wall-plate access point (AP) featuring an integral wired switch and 802.11ac Wave 2 technology. The new AP is ideal for hotels, multi-dwelling units and student housing where Wi-Fi is often a cost of doing business due to the ever-increasing number of wireless connected devices in these environments.

SUNNYVALE – August 23, 2016 – Six wireless technology leaders today announced the launch of the CBRS Alliance to develop, market and promote LTE-based solutions utilizing the shared spectrum of the U.S. 3.5 GHz Citizens Broadband Radio Service (CBRS) band.

SUNNYVALE, CA – August 21, 2016 – Ruckus Wireless, Inc., now part of Brocade, announced today that it has emerged the winner in the SMB Networking category of The Channel Company’s CRN® 2016 Annual Report Card (ARC) awards program. The Annual Report Card summarizes results from a comprehensive survey that details solution provider satisfaction across product innovation, support and partnership for the hardware, services and software vendors they team up with.

SUNNYVALE – July 26, 2016 – Ruckus Wireless, Inc., now part of Brocade (NASDAQ: BRCD), today announced the general availability of Ruckus Cloud Wi-Fi, a wireless local area network (WLAN) management-as-a-service offer powered by the new Ruckus public cloud platform. Ruckus Cloud Wi-Fi enables distributed organizations with limited IT resources to set up, monitor and manage a high-performance multi-site WLAN of any size.

NEW ORLEANS (HITEC - Booth 426) – June 20, 2016 – Today, at the Hospitality Industry Technology Exposition & Conference (HITEC), taking place this week at Ernest N. Morial convention center in New Orleans, Ruckus Wireless, Inc. announced it has been selected as the preferred Wi-Fi partner by AccorHotels. Through the collaboration, Ruckus will update AccorHotels’ Wi-Fi technology and infrastructure to help ensure high performance for both customers and hotels, enable future developments, and intensify the strength of AccorHotel’s digital services.

SUNNYVALE – May 31, 2016 – Ruckus Wireless™, Inc., now part of Brocade (NASDAQ: BRCD), today launched two new wireless access points (APs) and upgraded management software that double Wi-Fi client density and data rates over previous generations, while improving the wireless experience for retail, hospitality, education, enterprise and service provider customers.

HONG KONG – June 16, 2016 – Ruckus Wireless, Inc. today announced that The Executive Centre has selected and deployed Ruckus 802.11ac wave 2 Smart Wi-Fi for its serviced offices in more than 80 locations across 21 cities – including Hong Kong, Singapore, Shanghai, Sydney, Tokyo, Taipei, Mumbai, Seoul and Jakarta. The Executive Centre is the first serviced office provider to deploy the next generation network in Asia Pacific, supporting more than 15,000 individual clients with a high performance, high capacity Smart Wi-Fi network.

SAN JOSE, Calif.—May 27, 2016—Brocade (NASDAQ: BRCD) today announced that it has completed its acquisition of Sunnyvale, Calif.-based Ruckus Wireless™. This represents an important step in Brocade’s strategic vision to build a pure-play networking company that supports the rapidly evolving requirements of the digital transformation era.

SUNNYVALE, CA - May 2, 2016 - Ruckus Wireless, Inc. (NYSE: RKUS) today announced financial results for its first quarter of 2016 ended March 31, 2016.

Financial Summary

Revenue for the first quarter of 2016 was $100.6 million, an increase of 22.5% from the first quarter of 2015.

SAN JOSE, Calif.—April 4, 2016—Brocade (NASDAQ: BRCD) and Ruckus Wireless (NYSE: RKUS) today announced that Brocade has entered into a definitive agreement to acquire Ruckus Wireless, Inc. in a cash and stock transaction. The acquisition will complement Brocade’s enterprise networking portfolio, adding Ruckus’ higher-growth, wireless products to Brocade’s market-leading networking solutions. It will also significantly strengthen Brocade’s strategic presence in the broader service provider space, with Ruckus’ market-leading Wi-Fi position.

SUNNYVALE, CA – April 4, 2016 – Ruckus Wireless, Inc. (NYSE: RKUS) today updated its expectation regarding its financial results for the first quarter of 2016 ended March 31, 2016 as follows:

SUNNYVALE – February 18, 2016 – Six wireless industry leaders today announced their shared commitment to develop, market and promote solutions utilizing the U.S. 3.5 GHz Citizens Broadband Radio Service (CBRS). The six companies—Federated Wireless, Google, Intel, Nokia, Qualcomm Incorporated and Ruckus Wireless—believe that CBRS will be critical to drive innovation, support new business models and spur economic growth.

SUNNYVALE, CA – February 18, 2016 – Ruckus Wireless, Inc. (NYSE: RKUS) today announced its intention to address the challenge of in-building cellular coverage and capacity through the introduction of OpenG™ technology. OpenG technology combines coordinated shared spectrum, such as 3.5 GHz in the U.S., with neutral host-capable small cells to enable cost-effective, ubiquitous in-building cellular coverage.

SUNNYVALE, CA – February 18, 2016 – Ruckus Wireless, Inc. (NYSE: RKUS) announced today that that Selina Lo, president and CEO, and Seamus Hennessy, chief financial officer, will be presenting at the Morgan Stanley Technology, Media and Telecom Conference in San Francisco, CA on Wednesday, March 2, 2016.

SUNNYVALE, CA - February 9, 2015 - Ruckus Wireless, Inc. (NYSE: RKUS) today announced financial results for its fourth quarter and fiscal year ended December 31, 2015.

Financial Summary

Revenue for the fourth quarter of 2015 was $100.1 million, an increase of 16.6% from the fourth quarter of 2014.

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