Aruba Networks prices IPO at $11 a share

Aruba Networks priced its IPO shares at $11 a share, higher than the expected range of $8 to $10 a share — and giving the company a market value of about $827 million.

The Sunnyvale, Calif. company offers corporate wireless networks.

Another big win for Matrix Partners and Sequoia Capital, which owned about 20 percent of the company.

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