M&A Deal Summary

Ruckus Wireless Acquires Cloudpath Networks

On October 22, 2015, Ruckus Wireless acquired software company Cloudpath Networks

Acquisition Highlights
  • This is Ruckus Wireless’ 3rd transaction in the Software sector.
  • This is Ruckus Wireless’ 2nd transaction in the United States.
  • This is Ruckus Wireless’ 1st transaction in Colorado.

M&A Deal Summary

Date 2015-10-22
Target Cloudpath Networks
Sector Software
Buyer(s) Ruckus Wireless
Deal Type Add-on Acquisition

Target

Cloudpath Networks

Westminster, Colorado, United States
Cloudpath Networks, Inc. is a provider of secure Wi-Fi onboarding software.

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Buyer(S) 1

Buyer

Ruckus Wireless

Sunnyvale, California, United States

Category Company
Founded 2002
Sector Technology Hardware
Employees1,050
Revenue 373M USD (2015)
DESCRIPTION

Ruckus Wireless, Inc. is a wi-fi products company provides gateways, controllers, and access points with related software and services. Ruckus Wireless Smart Wi-Fi platform delivers scalable, high-performance Wi-Fi with simplified control and management for on-premise and cloud-based Wi-Fi deployments, along with new services for secure on-boarding, policy management, location services and analytics that enable new business opportunities.


DEAL STATS #
Overall 3 of 3
Sector: Software M&A 3 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
State: Colorado M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2015 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-07-18 YFind Technologies Pvt.

Singapore, Singapore

YFind Technologies Pvt. Ltd. is a provider of an indoor positioning solutions.

Buy -