Aruba Networks Soars On Rumored Talks With Hewlett-Packard; Ruckus Wireless Up Too
Aruba, which makes equipment for Wi-Fi networks, changed hands recently at $21.22, up more than 15 percent.
Hewlett-Packard was down more than 10 percent to $34.58.
A deal could be announced next week, according to a report by Bloomberg, which cited "people with knowledge of the matter."
Aruba has a current market capitalization of about $2.4 billion versus Hewlett-Packard's $70.22 billion.
Ruckus Wireless Inc (NYSE: RKUS) shares, meanwhile, have risen 5 percent in response to the rumor.
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