ONI systems IPO
IPO Information
Filing Date: Mar 10, 2000
Offering amount (mil.): $115.0
Underwriters:
Goldman, Sachs & Co.; Banc of America Securities LLC; Chase H&Q; Robertson, Stephens & Company
opticalnetworks.com
We develop, market and sell all-optical networking equipment specifically
designed to address the bandwidth and service limitations of regional and
metropolitan networks. Communications service providers can cost-effectively
deploy our products to relieve the growing traffic bottleneck in these networks
and offer new revenue-generating data services. By installing our equipment,
service providers can rapidly build high-capacity metro networks that are
flexible, scalable and able to support multiple services on a single platform.
Our all-optical product offerings include the ONLINE9000, which we began
shipping in February 2000, and the ONLINE7000, which we anticipate will be
available in the second quarter of 2000. These products incorporate our OPTX
network operating system and OLMP inter-network communications protocols to
manage and support a diverse mix of service offerings.
In response to demand caused by the proliferation of the Internet and
Internet-related services, transmission capacity has grown rapidly in the long
distance and enterprise networks over the past several years. The availability
of high-speed optical communications solutions, which transmit data using
pulses of light rather than electricity, has enabled this growth. However,
optical solutions specifically designed to address the challenges faced by
metro networks, which bridge long distance and enterprise networks, have not
been widely available. This has contributed to a bottleneck in the metro market
that impedes service delivery. To date, optical solutions available to metro
service providers have been based on technologies originally designed to serve
other communications networks, and have been costly, difficult to scale and
difficult to manage in the metro environment.
opticalnetworks.com
opticalnetworks.com |
