* To list under the symbol "RKUS"
* Goldman Sachs, Morgan Stanley, Deutsche Bank Securitiesare lead underwriters
Oct 5 (Reuters) - WiFi products maker Ruckus Wireless Incfiled with U.S. regulators on Friday to raise up to $100 millionin an initial public offering of common stock.
The Sunnyvale, California-based company, which makeswireless LAN products for both indoor and outdoor use, intendsto list its stock under the symbol "RKUS."
The company however did not specify the stock exchange itintended to list on, the number of shares it planned to sell andtheir expected price.
Goldman Sachs & Co, Morgan Stanley and Deutsche BankSecurities are the lead underwriters to the offering, thecompany said in a filing with the U.S. Securities and ExchangeCommission.
Chief Executive Selina Lo had told Reuters in January thatthe company planned to go public in 2013.
Net proceeds from the offering would be used for workingcapital expense and other general corporate purposes, thecompany said.
Ruckus, backed by private equity firm Sequoia Capital,recorded a net profit of $6.1 million, on revenue of $94 millionfor the six months ended June 30.
The company competes with Meru Networks Inc , ArubaNetworks Inc and larger companies like Cisco SystemsInc .
Ruckus's customers include Time Warner Cable Inc ,Towerstream Corp , Tikona Digital Networks, and BrightHouse Networks among others.
The amount of money a company says it plans to raise in itsfirst IPO filings is used to calculate registration fees. Thefinal size of the IPO could be different.
(Reporting by Avik Das in Bangalore; Editing by Supriya Kurane)
Keywords: RUCKUSWIRELESS IPO/