Somerset, N.J.
Went public 06/21/01 at $9 per shares
Filing Range: 8.0 million shares at $8 to $10
Offering Size: $72 million
Post Offering Valuation: $586.5 million
Shares Outstanding: 65.1 million shares
Underwriters: Credit Suisse First Boston/Salomon Smith Barney/Thomas Weisel Partners LLC
Company Counsel: Allen, Matkins, Leck & Mallory LLP
Manager Counsel: Cravath, Swaine & Moore
Auditor: Deloitte & Touche LLP
The Company:
Designs and manufactures integrated circuits, modules and boards. The company focuses on high bit-rate connectivity solutions serving the needs of a majority of the Tier 1 telecommunications and data communication companies.
Venture Backers:
Brentwood Venture Capital
Meritech Capital Partners
IBM Corp.
Redpoint Ventures
TRW Inc.
Financing Rounds:
Number of Round Amt.
Round # Round Date Stage Investors ($ thousands)
1 06/01/1999 3 Early Stage 15405.0
2 05/31/2000 5 Expansion 40000.0
Financials:
(Data in $ millions except EPS)
Y/E
12/31/00
Total Revenues: $72.7
Net Income: (3.7)
EPS: (0.34)