@10y Nokia wanted to buy last year, but their offer got turned down
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I love to see anyone buys Ruckus. Commscope is just too toxic
would love for ruckus to be a standalone company
Guys, get real. The plan is to find someone to buy ruckus, then use the proceeds to pay off debt and help bail out Carlyle. Exactly what they did with outdoor wireless. Exactly what Chuck did at his prior company. I’m sure they’ve been trying to sell it non stop, but they are probably asking more than anyone is willing to pay right now. Yes, in the meantime, they’ll drive more cost cuts and push employees harder, but eventually someone else, either another tech company or a hedge fund, will own it.
Bad but it’s getting better
Death by a thousand cuts