Mountain View, Calif. • 650-623-7000 • www.caviumnetworks.com
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
DESCRIPTION
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.
VENTURE BACKERS
Alliance Venture Management, Beachhead Capital, China Development Industrial Bank, Diamondhead Ventures, Menlo Ventures, NeoCarta Ventures Inc., Rembrandt Venture Partners.
Source: Thomson Financial