At the end of the quarter, Aruba reported $108 million in cash-in-hand and short-term investments and no debt.

All of which might increase the company's appeal as a takeover target. There have been persistent rumors about a possible acquisition of Aruba, the only public WLAN vendor. The most recent speculation focused on . There have been persistent rumors that Aruba, the only one of the pioneering WLAN switch makers to go public, has been an acquisition target for one or another much larger network equipment maker. The most recent rumor involved .