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Carrier WiFi

Aruba Files for IPO

Enterprise wireless LAN startup Aruba Networks Inc. (Nasdaq: ARUN) has filed for a long-anticipated IPO and plans to raise up to $100 million with the float.

Aruba filed its S-1 late Friday with the Securities and Exchange Commission (SEC) . Goldman Sachs & Co. and Lehman Brothers are the lead underwriters. Aruba expects to list on the Nasdaq under the ticker symbol "ARUN."

The Sunnyvale, Calif.-based vendor has long said that it wants to go public. Unstrung first reported in November that the firm was gearing up to file with the SEC. (See Aruba Plots Imminent IPO and Aruba Flirting With IPO?)

Get the rest of the story at Unstrung.

— Dan Jones, Site Editor, Unstrung

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