Meru files for $86.25M IPO

Wireless LAN vendor Meru Networks has decided to go public, filing for an IPO of up to $86.25 million. The company partnered earlier this year with T-Mobile USA to bring fixed-mobile convergence (FMC) offerings to enterprise customers via unlicensed mobile access (UMA) technology. And WLAN vendors say they have seen an uptick in enterprise sales when it comes to 802.11n equipment, despite a struggling economy. Article