Acme Packet Inc.

Burlington, Mass. • (781) 328-4400 •

Exchange and Ticker: Nasdaq: APKT

Filing Range: 8M shares @ $6.50 to $7.50

Offering Price: $9.50

Close on First Day: $15.90

Offering Size: $109M

Shares Outstanding: 56.7M

Underwriter: Goldman Sachs & Co

Co-managers: Credit Suisse/JP Morgan/ThinkEquity Partners

Company Counsel: Bingham McCutchen LLP

Manager Counsel: Wilmer Cutler Pickering Hale & Dorr LLP

Auditor: Ernst & Young LLP

Market Capitalization on 10/31/06: $919.2M

Close price at current month end: $16.20


The company develops technology to transmit real-time voices over the Internet. The company develops session routers that enable delivery of live media over the networks which make up the Internet. Acme Packet enables network service providers to deliver interactive communications–voice, video and multimedia sessions–across IP network borders. Competitors include ADC Telecommunications, Allegro Networks, Avici Systems, Carrier Access, Caspian Networks, Cisco Systems, Corvis, Juniper Networks, Lucent and Nortel Networks.

Venture Backers

Menlo Ventures, Advanced Technology Ventures, Canaan Partners.

Source: Thomson Financial