Tewksbury, Mass. • 978-851-1100 • www.starentnetworks.com
Ticker and Exchange: STAR: Nasdaq
Filing Range: 9.0M shares @ $9.00 to $11.00
Offering Price: $12.00
Close on First Day: $13.96
Offering Size: $126.40M
Shares Outstanding: 62,417,462
Underwriter: Goldman Sachs & Co./Underwriter: Lehman Brothers
Co-manager: Thomas Weisel Partners LLC/ J.P. Morgan
Company Counsel: Wilmer Cutler Pickering Hale & Dorr LLP
Manager Counsel: Wilson Sonsini Goodrich & Rosati
Auditor: Pricewaterhouse Coopers LLP
Market Capitalization on 6/30/07: $917.54 M
Close price at current month end: $14.70
DESCRIPTION
Designs and develops mobile infrastructure equipment for wireless networks. The company’s products are designed to support enhanced services on mobile wireless networks. Its products are designed to provide multimedia capabilities to mobile operators, facilitating the delivery of targeted services and user experience. Competitors include Ericsson, Lucent Technologies Inc. and Nokia Corp.
VENTURE BACKERS
Focus Ventures, Highland Capital Partners, Itochu Technology Inc., Matrix Partners, North Bridge Venture Partners, Samsung Electronics, T-Venture Holding GmbH
Source: Thomson Financial