Aruba Networks files for $100 million IPO
Fri Dec 15, 2006 5:19pm ET
WASHINGTON, Dec 15 (Reuters) - Aruba Networks Inc., which provides access to data, voice and video applications across wireless and wireline networks, on Friday said it is planning an initial public offering.
The company, in a preliminary offering document filed with the U.S. Securities and Exchange Commission, said it may sell as much as $100 million of common stock.
The IPO will be managed by Goldman Sachs & Co., Lehman Brothers, JPMorgan and RBC Capital Markets, the Sunnyvale, California-based company said.
The company is seeking a Nasdaq listing under the symbol "ARUN."
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