Tech Company M&A Transactions

Ruckus Wireless Acquisition

On 4/5/2016, Ruckus Wireless was acquired by Brocade Communication Systems. The transaction price was $1.5 billion.

Transaction Overview

Company Name
Announced On
4/5/2016
Transaction Type
M&A
Amount
$1,500,000,000
M&A Terms
Under the terms of the agreement, Ruckus stockholders will receive $6.45 in cash and 0.75 shares of Brocade common stock for each share of Ruckus common stock. Based on the closing price of Brocade's stock on April 1, 2016, the transaction values Ruckus at a price of $14.43 per common share, or approximately $1.5 billion, and may fluctuate until close.

Company Information

Company Status
Acquired or Merged
Industry
Wireless
Mailing Address
350 West Java Dr.
Sunnyvale, CA 94089
USA
Email Address
Overview
Ruckus Wireless is a wireless equipment supplier focused on the next generation of home networking. The Company is credited with developing the world's first in-home wireless multimedia system, MediaFlex, which it introduced in October of 2005.
Profile
Ruckus Wireless LinkedIn Company Profile
Social Media
Ruckus Wireless Company Twitter Account
Company News
Ruckus Wireless News
Facebook
Ruckus Wireless on Facebook
YouTube
Ruckus Wireless on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Selina Lo
  Selina Lo LinkedIn Profile  Selina Lo Twitter Account  Selina Lo News  Selina Lo on Facebook
Chief Financial Officer
Seamus Hennessy
  Seamus Hennessy LinkedIn Profile  Seamus Hennessy Twitter Account  Seamus Hennessy News  Seamus Hennessy on Facebook
Chief Technical Officer
Bill Kish
  Bill Kish LinkedIn Profile  Bill Kish Twitter Account  Bill Kish News  Bill Kish on Facebook
Co-Founder
Victor Shtrom
  Victor Shtrom LinkedIn Profile  Victor Shtrom Twitter Account  Victor Shtrom News  Victor Shtrom on Facebook
VP - Bus. Development
Bart Burstein
  Bart Burstein LinkedIn Profile  Bart Burstein Twitter Account  Bart Burstein News  Bart Burstein on Facebook
VP - Engineering
Steve Martin
  Steve Martin LinkedIn Profile  Steve Martin Twitter Account  Steve Martin News  Steve Martin on Facebook
VP - Marketing
Rob Mustarde
  Rob Mustarde LinkedIn Profile  Rob Mustarde Twitter Account  Rob Mustarde News  Rob Mustarde on Facebook
VP - Operations
Fred Harried
  Fred Harried LinkedIn Profile  Fred Harried Twitter Account  Fred Harried News  Fred Harried on Facebook


 

 

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Our team works diligently to document funding rounds that are announced publicly. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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