Saint John, New Brunswick
Went public 11/21/00 at $11 per share
Filing Range: 4.75 million shares @ $11 to $13
Shares Outstanding: 24.59 million shares
Underwriters: Merrill Lynch & Co./Chase H&Q/CIBC World
Markets
Company Counsel: Fried Frank Harris Shriver & Jacobson
Manager Counsel: Shearman & Sterling
Auditor: KPMG LLP
The Company:
Develops and licenses infrastructure software products and provides related services that enable telephone companies and other service providers to deliver multi-channel digital television and interactive media services to their subscribers’ televisions and personal computers over a broadband or high- speed communications network.
Venture Backers:
Cisco Systems Inc.
America Online Inc.
Financing Rounds:
Number of Round Amt.
Round # Round DateStage Investors($ thousands)
1 10/30/20002 Expansion15000.0
Financials:
(Data in $ millions)
Y/E
02/29/00
Total Revenues: 2.1
Net Income: -5.6