Sign in to follow this  

Shares of Ruckus Wireless Climb on Google Wi-Fi Reports

Recommended Posts

Hum    6,929

Shares of Ruckus Wireless (RKUS) ticked higher Friday on a report that Google (GOOG) has hired it to build a nationwide Wi-Fi network for businesses.

The Sunnyvale, Calif.-based Wi-Fi equipment maker has been commissioned to build a large-scale Wi-Fi hotspot network in the cloud, according to reports by The Information and Gigaom.

The idea is that it would be connectable by small and mid-sized businesses through their own wireless routers. While individual businesses would likely be responsible for their own Wi-Fi equipment and broadband connections, Google would offer the hotspot service for free as long as they agree to join its public network, according to the reports.

Shares of Ruckus climbed 7.3% to $10.52 Friday on the news.


Share this post

Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now

Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.