VoIP provider sets IPO terms
Veraz Networks, San Jose provider of VoIP equipment, has set the terms for its planned initial public offering, saying it will offer 9 million shares at an estimated price of between $10 and $12 a share.
The filing of terms comes a month after the company raised $10 million from its backers.
VentureWire has looked at the filing, and lists the ownership structure:
…ECI Telecom Ltd., a Israel-based provider of access and transport networking infrastructure equipment which held… Continue Reading