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
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