Traded as | NYSE: RKUS |
---|---|
Industry | Telecommunications equipment |
Founded | 2004 |
Headquarters | Sunnyvale, California |
Key people
|
Selina Lo (CEO) William Kish (Co-Founder) Victor Shtrom (Co-Founder) |
Products | Hardware, software, and services to telecommunications service providers and enterprises |
Revenue | $373 million (2015) |
Number of employees
|
940 (2015) |
Parent | Arris International |
Website | www |
Ruckus Wireless, Inc. was a company selling wireless systems for mobile devices, headquartered in Sunnyvale, California. Ruckus offers Wi-Fi products to mobile carriers, broadband service providers, and corporate enterprises.
Ruckus invented and has patented wireless voice, video, and data technology, such as adaptive antenna arrays that extend signal range, increase client data rates, and avoid interference, providing distribution of delay-sensitive multimedia content and services over standard 802.11 Wi-Fi.
On April 4, 2016, Brocade Communications Systems announced that it was acquiring Ruckus Wireless for approximately $1.5 billion. Brocade completed its acquisition of Ruckus Wireless on May 27, 2016. After Brocade was acquired by Broadcom Limited, it was acquired by the Arris Group for $800 million in 2017.
Ruckus was founded in 2004 by William Kish and Victor Shtrom. Sequoia Capital, WK Technology Fund, and Sutter Hill Ventures initially funded the company. Ruckus was publicly listed on the New York Stock Exchange under the symbol RKUS.
In 2015, Ruckus Wireless became the first Wi-Fi vendor to introduce an 802.11ac Wave 2 access point with the ZoneFlex R710. The R710 is capable of supporting twice the density of mobile devices over Wave 1 access points.
The acquisition by Brocade in a cash and stock deal worth about $1.5 billion is meant to add Ruckus’s Wi-Fi products to Brocade's enterprise networking business.
Ruckus designed an adaptive directional antenna technology called BeamFlex. The company first sold the technology to other manufacturers to enable them to include it in their products. Ruckus also came out with a Customer Premises Equipment (CPE) device that was sold to service providers.
Ruckus offers indoor and outdoor access points in several price ranges. BeamFlex is at the core of Ruckus’ ZoneFlex APs with its directional antenna technology. This technology automatically adjusts to changes in the Radio Frequency (RF) environment providing stronger signals. Beamforming has now been integrated into the latest version of the 802.11 standard and 802.11ac. Other products that Ruckus offers include controllers, software, and smart wireless services.
Ruckus offers Wi-Fi branded products such as indoor and outdoor wireless access points and wireless controllers all sold under the brand name.
Ruckus offers wireless access points that can support up to 500 simultaneous connections on a single node. In 2007, Ruckus launched ZoneFlex, a centrally managed WLAN platform for enterprises and carriers.
Ruckus offers two different controllers: ZoneDirector geared for smaller, single-site deployments and SmartZone directed at carrier and large, multi-site enterprise deployments. SmartZone can be delivered as both a virtual and physical appliance.
Ruckus Wireless provides software-products to accompany their hardware. They offer the FlexMaster, SmartCell Insight, Ruckus ZonePlanner, and Ruckus Mobile Applications.
The Ruckus FlexMaster Management System (9.0) is a Linux-based managed service platform for configuration, fault detection, audit, performance management and optimization of hundreds of thousands of remote Smart Wi-Fi APs or Smart Wireless LANs (WLANs) from a single point.
The Ruckus SmartCell Insight collects and correlates Wi-Fi performance metrics into 19 available reports, has do it yourself analytics using customer reports, long term retention, and software only solution residing on a Linux server using CENTOS/RHEL OS.
The Ruckus ZonePlanner is a Smart Wi-Fi RF simulation. It integrates Ruckus’ adaptive antenna patterns.
Ruckus Wireless has mobile applications called Ruckus SpeedFlex, Ruckus ZD Remote Control, and Ruckus SWIPE.
Ruckus Wireless provides its customers with location-based services.
Ruckus relies heavily on its enterprise business, as it is two-thirds of their revenue with almost 100% of enterprise sales coming from the channel. Many of these enterprises include hospitality, retail, healthcare, transportation hubs, and education.
Ruckus Wireless started out by selling to carrier companies and they are still a good portion of their business. Their customers include C3ntro Telecom, Verizon, AT&T, Time Warner Cable, Deutsche Telekom, and China Telecom. One-third of Ruckus’ business is selling to carrier businesses.
Xclaim Wireless was launched by Ruckus in 2014 as a new division aimed at small businesses. Xclaim Wireless provides a product portfolio designed for enterprise-class features at consumer-level prices.
2016-05-31 | Reiterated Rating | Goldman Sachs | Hold | |
2016-05-31 | Reiterated Rating | Goldman Sachs Group Inc. | Hold | |
2016-05-02 | Reiterated Rating | BMO Capital Markets | Hold | |
2016-04-05 | Downgrade | Macquarie | Outperform to Neutral | |
2016-04-05 | Downgrade | Dougherty & Co | Buy to Neutral | |
2016-04-05 | Downgrade | William Blair | Outperform to Market Perform | |
2016-04-05 | Downgrade | Stifel Nicolaus | Buy to Hold | |
2016-04-05 | Downgrade | Needham & Company LLC | Buy to Hold | |
2016-04-05 | Downgrade | RBC Capital | Outperform to Sector Perform | $12.00 to $13.50 |
2016-04-05 | Downgrade | Royal Bank Of Canada | Outperform to Sector Perform | $12.00 to $13.50 |
2016-04-04 | Downgrade | BTIG Research | Buy to Neutral | |
2016-04-04 | Reiterated Rating | BMO Capital Markets | Outperform to Market Perform | $14.00 |
2016-04-04 | Downgrade | Macquarie | Outperform to Neutral | |
2016-04-04 | Downgrade | Goldman Sachs | Buy to Neutral | $16.00 to $14.00 |
2016-04-04 | Downgrade | Craig Hallum | Buy to Hold | |
2016-03-15 | Reiterated Rating | RBC Capital | Outperform | $12.00 |
2016-02-26 | Initiated Coverage | BTIG Research | Buy | $13.00 |
2016-02-22 | Reiterated Rating | William Blair | Outperform | |
2016-02-10 | Lower Price Target | BMO Capital Markets | Outperform | $15.00 to $11.00 |
2016-02-10 | Lower Price Target | Needham & Company LLC | Buy | $14.00 to $11.00 |
2016-02-10 | Downgrade | SunTrust | Buy to Neutral | $14.00 to $8.50 |
2016-02-10 | Lower Price Target | Piper Jaffray | Neutral | $12.00 to $10.00 |
2016-02-10 | Lower Price Target | Craig Hallum | Buy | $12.00 |
2016-02-10 | Lower Price Target | Oppenheimer | Outperform | $15.00 to $13.00 |
2016-02-10 | Lower Price Target | Piper Jaffray Cos. | Neutral | $12.00 to $10.00 |
2016-02-10 | Lower Price Target | Oppenheimer Holdings Inc. | Outperform | $15.00 to $13.00 |
2016-02-10 | Downgrade | SunTrust Banks Inc. | Buy to Neutral | $14.00 to $8.50 |
2016-02-09 | Lower Price Target | Deutsche Bank | Hold | $11.00 to $9.00 |
2016-02-09 | Lower Price Target | Deutsche Bank AG | Hold | $11.00 to $9.00 |
2016-02-05 | Lower Price Target | Goldman Sachs | Buy | $16.00 to $13.00 |
2016-01-22 | Lower Price Target | RBC Capital | Outperform | $14.00 to $12.00 |
2016-01-20 | Downgrade | Guggenheim | Buy to Neutral | |
2016-01-14 | Lower Price Target | Stifel Nicolaus | Buy | $17.00 to $15.00 |
2015-12-13 | Reiterated Rating | Needham & Company LLC | Buy | $14.00 |
2015-12-09 | Reiterated Rating | Oppenheimer | Outperform | $15.00 |
2015-11-09 | Upgrade | Goldman Sachs | Buy to Conviction-Buy | $16.00 |
2015-11-02 | Lower Price Target | SunTrust | Neutral | $14.00 to $12.00 |
2015-11-02 | Lower Price Target | RBC Capital | Outperform | $17.00 to $16.00 |
2015-11-02 | Lower Price Target | Pacific Crest | Outperform | $16.00 to $14.00 |
2015-11-02 | Lower Price Target | Needham & Company LLC | Buy | $16.00 to $14.00 |
2015-11-02 | Lower Price Target | Craig Hallum | Buy | $20.00 to $16.00 |
2015-11-02 | Lower Price Target | BMO Capital Markets | Outperform | $17.00 to $12.00 |
2015-10-31 | Reiterated Rating | Piper Jaffray | Hold | |
2015-10-30 | Lower Price Target | Piper Jaffray | Outperform | $13.00 to $12.00 |
2015-10-30 | Boost Price Target | Craig Hallum | $14.00 to $15.00 | |
2015-10-18 | Reiterated Rating | Deutsche Bank | Hold | |
2015-10-12 | Downgrade | Piper Jaffray | Overweight to Neutral | $13.00 |
2015-09-16 | Reiterated Rating | Oppenheimer | Outperform | $14.00 |
2015-09-10 | Upgrade | SunTrust | Top Pick | |
2015-08-18 | Reiterated Rating | William Blair | Outperform | |
2015-07-20 | Boost Price Target | SunTrust | $12.00 to $14.00 | |
2015-07-17 | Upgrade | SunTrust | Neutral to Buy | |
2015-07-06 | Reiterated Rating | Oppenheimer | Outperform | $14.00 |
2015-05-09 | Reiterated Rating | Piper Jaffray | Overweight | $15.00 to $14.00 |
2015-05-09 | Reiterated Rating | BMO Capital Markets | Outperform | $15.00 to $14.00 |
2015-04-13 | Upgrade | OTR Global | Positive | |
2015-04-13 | Reiterated Rating | Goldman Sachs | Conviction-Buy to Buy | |
2015-03-30 | Boost Price Target | Oppenheimer | In-Line to Outperform | $13.00 to $15.00 |
2015-03-26 | Initiated Coverage | Guggenheim | Buy | |
2015-03-16 | Reiterated Rating | Deutsche Bank | Hold | $11.00 |
2015-02-11 | Reiterated Rating | William Blair | Outperform | |
2015-02-11 | Lower Price Target | Deutsche Bank | Hold | $13.00 to $11.00 |
2015-02-11 | Lower Price Target | Oppenheimer | Outperform | $16.00 to $13.00 |
2015-02-11 | Downgrade | Piper Jaffray | Positive | $15.00 |
2015-02-11 | Lower Price Target | RBC Capital | Outperform | $17.00 to $16.00 |
2015-01-26 | Initiated Coverage | Citigroup Inc. | Buy | $13.00 |
2015-01-21 | Upgrade | Northland Securities | Market Perform to Outperform | |
2015-01-06 | Set Price Target | Oppenheimer | Buy | $16.00 |
2014-12-22 | Downgrade | OTR Global | Positive | |
2014-11-06 | Initiated Coverage | RBC Capital | Outperform | $17.00 |
2014-10-30 | Upgrade | Morgan Stanley | Underweight to Equal Weight | |
2014-09-24 | Initiated Coverage | SunTrust | Neutral | $14.00 |
2014-09-12 | Downgrade | Buckingham Research | Buy to Neutral | $15.00 to $16.00 |
2014-09-12 | Initiated Coverage | Morgan Stanley | Underweight | $13.00 |
2014-07-31 | Boost Price Target | Piper Jaffray | Overweight | $14.00 to $17.00 |
2014-07-31 | Boost Price Target | BMO Capital Markets | Outperform | $13.00 to $17.00 |
2014-07-31 | Reiterated Rating | Craig Hallum | Buy | $20.00 |
2014-07-30 | Initiated Coverage | Pacific Crest | Outperform | $15.00 |
2014-07-24 | Upgrade | Goldman Sachs | Buy to Conviction-Buy | |
2014-06-24 | Initiated Coverage | Wells Fargo & Co. | Market Perform | |
2014-06-24 | Initiated Coverage | Wells Fargo | Market Perform | |
2014-06-19 | Initiated Coverage | Buckingham Research | Buy | $14.00 |
2014-05-28 | Initiated Coverage | BMO Capital Markets | Outperform | $13.00 |
2014-05-01 | Reiterated Rating | Deutsche Bank | Hold | $13.00 |
2014-05-01 | Lower Price Target | Oppenheimer | Outperform | $18.00 to $16.00 |
2014-05-01 | Lower Price Target | Needham & Company LLC | Buy | $17.00 to $15.00 |
2014-04-22 | Initiated Coverage | Piper Jaffray | Overweight | $14.00 |
2014-04-04 | Initiated Coverage | Northland Securities | Market Perform | $12.00 |
2014-04-03 | Initiated Coverage | Northland Securities | Market Perform | $12.00 |
2014-03-20 | Initiated Coverage | Macquarie | Outperform | $17.00 |
2014-03-18 | Initiated Coverage | Mizuho | Buy | $17.00 |
2014-03-12 | Boost Price Target | Goldman Sachs | Buy | $18.00 to $20.00 |
2014-03-10 | Initiated Coverage | Sanford C. Bernstein | Underperform | $7.00 |
2014-02-19 | Initiated Coverage | Dougherty & Co | Buy | |
2014-01-07 | Initiated Coverage | Wedbush | Outperform | $18.00 |
2013-12-20 | Initiated Coverage | JMP Securities | Market Perform | |
2013-12-11 | Initiated Coverage | Craig Hallum | Buy | |
2013-12-10 | Initiated Coverage | Stephens | Overweight | |
2013-12-02 | Upgrade | Goldman Sachs | Neutral to Buy | $41.00 to $18.25 |
2013-11-27 | Initiated | Stifel | Buy | $17 |
2013-11-27 | Initiated Coverage | Stifel Nicolaus | Buy | $17.00 |
2013-10-31 | Boost Price Target | Piper Jaffray | Overweight | $17.50 to $20.00 |
2013-10-31 | Boost Price Target | Needham & Company LLC | Buy | $17.00 to $18.00 |
2013-10-28 | Initiated | Northland Capital | Market Perform | $18 |
2013-10-28 | Initiated Coverage | Northland Securities | Market Perform | $18.00 |
2013-10-22 | Downgrade | Goldman Sachs | Buy to Neutral | $19.00 |
2013-05-30 | Upgrade | Needham | Hold to Buy | $16 |
2013-01-07 | Reiterated | Oppenheimer | Outperform | $23 to $26 |
2012-12-11 | Initiated | William Blair | Outperform | |
2012-12-11 | Initiated | Oppenheimer | Outperform | $23 |
2012-12-11 | Initiated | Needham | Buy | $21 |
2012-12-11 | Initiated | Deutsche Bank | Hold | $20 |
2016-05-31 | Reiterated Rating | Goldman Sachs | Hold | |
2016-05-31 | Reiterated Rating | Goldman Sachs Group Inc. | Hold | |
2016-05-02 | Reiterated Rating | BMO Capital Markets | Hold | |
2016-04-05 | Downgrade | Macquarie | Outperform to Neutral | |
2016-04-05 | Downgrade | Dougherty & Co | Buy to Neutral |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In RKUS 6 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
GRUBER & MCBAINE CAPITAL MANAGEMENT LLC | 0.34M |
RUSSELL FRANK CO/ | 0.12M |
Nair Vinay | 34937 |
Madison Street Partners, LLC | 30000 |
MANAGED ACCOUNT ADVISORS LLC | 21917 |
BOSTON PRIVATE BANK & TRUST CO | 4905 |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
Kish William S.A. Chief Technology Officer | 0.62% (509541) | RKUS / |
GOETZ JAMES J | 0.17% (144709) | CUDA / JIVE / NMBL / PANW / RKUS / |
SC X MANAGEMENT LLC | 0.10% (85994) | RKUS / |
MAYNARD DENIS V.P.Sales and Field Operations | 0.04% (30186) | RKUS / |
Martin Steven A. Senior V.P. of Engineering | 0.01% (9438) | RKUS / |