Market street is becoming silent ahead of Christmas, and voices of tech IPOs are expected to be heard right after. Here is a snapshot of shouted rumors:
VentureBeat says ClearWire is hoping for 400$M, which is (a) a WiMAX company (b) backed by Intel (c) Recorded a whopping 191$M loss in the first 9 months of 2006. Compared to what Earth Link is trying to set up, I do not see too much potential in ClearWire.
Glu Mobile, developer of mobile games, is chasing a 92$M IPO funding, which may prove itself to be investable once it opens its financial statements.
Unlike the first two, Aruba has the potential of creating the leap, which will enable companies to transform their wired Intranets into WANs. Today, the biggest obstacle in front of the WANs is the risk of security leaks, which may theoretically let an intruder get in the network remotely and access sensitive information. Aruba’s Mobile Edge technology is reported to have such an infrastructure that it brings the security level of WLANs parity vs. wired LANs. If so, I expect to see Aruba in the list of top IT suppliers of companies, which seeks employee flexibility and on-the-go communication to adapt around-the-clock environment of today’s business landscape.
Bottomline, stay tuned for Aruba…