BigBand Networks Files for $147 Million IPO

Authored by Mark Hefflinger on February 27, 2007 - 11:50am.

Redwood City, Calif. - BigBand Networks, a provider of technology that allows cable TV providers to offer video, voice and data services, said it plans to raise about $147 million million in its initial public offering (IPO).

The company plans to sell 10.7 million shares at an estimated price of $10 to $12 per share.

Founded in 1998, Redwood City, Calif.-based BigBand has raised more than $100 million from investors, and achieved profitability last year.

Customers for the company's services include Comcast, Time Warner Cable, Cox and Rogers Cable.

 

Related Links:
http://tinyurl.com/3929wh (Reuters)

http://www.bigbandnetworks.com

tags: Deals | IPO | Video | TV | BigBand Networks |


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