An IPO for the long-haul (data network): Acacia Communications files for a $125 million IPO

An IPO for the long-haul (data network): Acacia Communications files for a $125 million IPO
Acacia Communications, which provides low-power, high-speed interconnect modules for optical networks, filed on Monday with the SEC to raise up to $125 million in an initial public offering.


The Maynard, MA-based company, which was founded in 2009 and booked $212 million in sales for the 12 months ended September 30, 2015, plans to list on the Nasdaq under the symbol ACIA. Acacia Communications filed confidentially on n/a. Goldman Sachs, BofA Merrill Lynch and Deutsche Bank are the joint bookrunners on the deal. No pricing terms were disclosed.
Share on Google Plus

About Jessica Hornberger

This is a short description in the author block about the author. You edit it by entering text in the "Biographical Info" field in the user admin panel.
    Blogger Comment
    Facebook Comment