Overview

Valuations

Offer/Objects

The Offering ( can be change at last moment, subject to demand )

Common stock offered :-  7,693,000 shares of common stock

Common stock outstanding after this offering :-  20,480,554 shares of common stock

Offer price range :- $12.00 and $14.00 per share

Overview

For offer/objects of issue check Offer/Objects, For valuation report of issue check Valuations

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Industries served/Customers

Industries served

• Governmental, educational and research institutions.

• Enterprise markets

  • Oil and gas

  • Manufacturing

  • Life sciences

  • Entertainment 

  • Financial services.

Historically, more than half of company's end customers have been governmental, educational and research institutions. More recently, it have expanded into enterprise markets.

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Customers

• OEM customer includes HP, IBM, Sun Microsystems, Silicon Graphics and NEC Corporation and together accounted for more the 60% of company's revenue.

• Value added reseller 

• Systems integrator.

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Competition

On technological size company face competition from other grid computing interconnect architectures like :

• Ethernet.

• Myrinet and other proprietary solutions.

• Fibre Channel.

Company's principal competitors are Cisco Systems, Inc. and QLogic Corporation.