Ruckus Said to Hire Morgan Stanley, Goldman Sachs for IPO
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Ruckus Wireless Inc., a maker of wireless-networking equipment, is working with Morgan Stanley and Goldman Sachs Group Inc. ahead of a possible initial public offering, said a person with knowledge of the matter.
The offering will probably occur this year, said the person, who asked not to be named because the plans aren’t public. Ruckus Chief Executive Officer Selina Lo, when asked about the potential share sale, said the company is exploring options and is in talks with bankers about a possible IPO. She declined to elaborate on plans to choose underwriters.