Ruckus Wireless Celebrates Initial Public Offering and First Day of Trading on the New York Stock Exchange
NEW YORK, Nov. 16, 2012 – Ruckus Wireless, a leading supplier of advanced wireless systems for the explosive mobile Internetworking market, opened for trading today on the New York Stock Exchange (NYSE) under the ticker symbol “RKUS” after its initial public offering. Barclays is the Designated Market Maker (DMM) for the company’s stock. President and CEO Selina Lo, joined by members of Ruckus Wireless’ leadership team, celebrated the company’s first day of trading by visiting the NYSE trading floor for the stock opening and by ringing The Opening Bell.
"We are thrilled to welcome Ruckus Wireless to our growing community of venture capital-backed technology companies from Silicon Valley,” said Scott Cutler, Executive Vice President, Head of Global Listings, NYSE Euronext. “Ruckus Wireless is at the forefront of supplying advanced wireless solutions and innovations in the marketplace. We congratulate Ruckus Wireless on its IPO and look forward to a long-standing partnership with the company and its shareholders.”
“Ruckus, our partners and our customers have worked extremely hard to get to this point, but this really is just the beginning,” said Selina Lo, president and CEO of Ruckus Wireless. “We’ve built an exciting business that has grown as people’s addiction to the mobile Internet redefines the wireless world in which we live. We are proud to be delivering simply smarter and better wireless for this new, mobile world.”
About NYSE Euronext
NYSE Euronext (NYX) is a leading global operator of financial markets and provider of innovative trading technologies. The company's exchanges in Europe and the United States trade equities, futures, options, fixed-income and exchange-traded products. With approximately 8,000 listed issues (excluding European Structured Products), NYSE Euronext's equities markets - the New York Stock Exchange, NYSE Euronext, NYSE MKT, NYSE Alternext and NYSE Arca - represent one-third of the world’s equities trading, the most liquidity of any global exchange group. NYSE Euronext also operates NYSE Liffe, one of the leading European derivatives businesses and the world's second-largest derivatives business by value of trading. The company offers comprehensive commercial technology, connectivity and market data products and services through NYSE Technologies. NYSE Euronext is in the S&P 500 index. For more information, please visit: https://www.nyx.com
About Ruckus Wireless (NYSE: RKUS)
Headquartered in Silicon Valley and formed in 2004, Ruckus Wireless is a leading supplier of advanced wireless systems for the explosive mobile Internetworking market. The company has developed a wide range of indoor and outdoor “Smart Wi-Fi” products for mobile operators, broadband service providers, and corporations around the world. Ruckus invented and has patented state-of-the-art wireless technology, such as adaptive antenna arrays that focus and direct Wi-Fi transmissions over the best signal path, automatically avoiding sources of Wi-Fi interference. For more information, visit https://www.ruckuswireless.com. (Source: Ruckus)