Cavium Networks Inc.

Mountain View, Calif. • 650-623-7000 •

Exchange and Ticker: Nasdaq: CAVM

Filing Range: 6.25M shares @ $10.00 to $12.00

Offering Price: $13.50

Close on First Day: $16.95

Offering Size: $91.10M

Shares Outstanding: 38,557,971M

Underwriters: Morgan Stanley/ Lehman Brothers

Co-managers: Thomas Weisel Partners LLC/ Needham & Co. Inc./ JMP Securities LLC

Company Counsel: Cooley Godward LLP

Manager Counsel: Wilson Sonsini Goodrich & Rosati

Auditor: Pricewaterhouse Coopers LLP

Market Capitalization on 5/31/07: $815.50M

Close price at current month end: $21.15


The company provides security, network services and content processing semiconductor solutions. It designs, develops and markets a range of security processors, secure communication processors, network services processors and accelerator boards that enable wired and wireless security and content processing in communication, server and storage equipment. It has a product portfolio that performs from 10 Mbps to 10 Gbps that addresses the requirements of broadband, enterprise and service provider networks. Competitors include Applied Micro Circuits Corp., Britestream Networks Inc. and PMC-Sierra Inc.


Alliance Venture Management, Beachhead Capital, China Development Industrial Bank, Diamondhead Ventures, Menlo Ventures, NeoCarta Ventures Inc., Rembrandt Venture Partners.

Source: Thomson Financial