"Tellium Ready for an IPO?"
TELM filed today. From the S-1:
We design, develop and market high-speed, high-capacity, intelligent
optical switching solutions that enable network service providers to quickly
and cost-effectively deliver new high-speed services. We believe that
traditional networking solutions do not offer service providers the means to
improve their data service offerings and upgrade their infrastructure in a
timely and cost-effective manner. Our line of intelligent optical switches is
designed to efficiently meet increasing capacity and service demands. Our
products are based on a highly reliable set of hardware combined with feature-
rich software, both of which scale to enable service providers to grow and
manage their networks quickly and efficiently in order to keep pace with the
dynamic requirements of data services. Since the second quarter of 1999, we
have focused on the development of optical switches. In September 1999, we
shipped our Aurora 32 Optical Switch and, in the third quarter of 2000, we
shipped our next generation Aurora Optical Switch. Our objective is to be the
leading provider of intelligent optical switching solutions for global public
telecommunications networks.
Our target customer base includes emerging and established service
providers. These include long-distance carriers, wholesale service providers,
competitive local exchange carriers, Internet service providers and cable
operators. We currently have three customers: Cable & Wireless Global Networks
Limited, Extant, Inc. and Qwest Communications Corporation. |
