IntelliNet Technologies Acquired by Ruckus Wireless

Cloud & CX

Bowen Advisors Serves as M&A Advisor to IntelliNet

BOSTON, February 22, 2012 – Bowen Advisors, a leading boutique investment bank focused on communications technology and IT companies, is pleased to announce that IntelliNet Technologies, a leading provider of network convergence solutions that accelerate the deployment of next generation applications and services, has been acquired by Ruckus Wireless, a supplier of advanced wireless systems for the mobile Internetworking market. In the deal, Bowen Advisors provided M&A advisory services to IntelliNet.

“Ruckus has emerged as a leader in enterprise Wi-Fi,” said John Emery, Managing Director of Bowen Advisors. “With the addition of IntelliNet’s mobile data offload products, Ruckus now offers best-in-class solutions for carriers, providing the company with an unparalleled breadth of solutions to address the exploding mobile internet market.”

“This transaction represents a continuation of the trend towards convergence of mobile backhaul and WLAN technologies, two market segments in which Bowen Advisors has a long heritage, dating back to the Paragon sale to Carrier Access in 2003 and the Colubris sale to HP in 2008,” said Paul Bowen, President of Bowen Advisors.

ABOUT BOWEN

Bowen is a growth tech investment bank with an entrepreneurial edge. We provide M&A advisory, private capital and principal investment services. For two decades, our entrepreneurial focus, integrity and commitment to excellence have guided our strategic and client-centric advice. Our track record of exceptional transaction execution, deep industry knowledge and longstanding relationships set us apart.