Aruba Networks Inc.

Sunnyvale, Calif. • 408-227-4500 •

Exchange and Ticker: Nasdaq: ARUN

Filing Range: 8M shares @ $8.00 to $10.00

Offering Price: $11.00

Close on First Day: $14.15

Offering Size: $88.00M

Shares Outstanding: 75,140,978

Underwriters: Goldman Sachs & Co/ Lehman Brothers

Co-managers: RBC Capital Markets/ JP Morgan

Company Counsel: Wilson Sonsini Goodrich & Rosati

Manager Counsel: Simpson Thacher & Bartlett

Auditor: Pricewaterhouse Coopers LLP

Close price at current month end: $14.67


Develops an enterprise-class WiFi switching system that lets corporations build large-scale structured wireless (802.11) networks that can be easily deployed and centrally controlled. All changes, upgrades, and optimization of the wireless network are executed from a single point. Competitors include 3Com Corp., Cisco-Linksys, D-Link Corp. and Trapeze Networks.


Focus Ventures, Matrix Partners, Momentum Technology Partners, Sequoia Capital, Trinity Ventures and WK Associates

Source: Thomson Financial