The leader in SBC** (session border controllers) that enable interactive communications, such as VoIP.
Set to price the week of October 9, 2006
Lead underwriter is Goldman Sachs
Price Range $6.50 - $7.50
Shares Offered 11.5 mm
Market Cap $447.1
Net Income $11
*Revenues and Net Income is for last twelve months ending 6/30/06
APKT will release earnings Nov 8, 2006
SEC Docs here:
**What the hell is a SBC???
Answer from the company website:
About session border controllers
Session border controllers (SBC) is a new category of network equipment that provides critical control functions to enable high quality interactive communications across IP network borders.
A "session" is any real-time, interactive voice, video or multimedia communication using layer 5 IP session signaling protocols such as SIP, H.323, MGCP or Megaco/H.248.
The "border" is any IP-IP network border such as those between service provider and customer/subscriber, or between two service providers.
The "control" functions span security, service assurance and law enforcement requirements.
• Security - protect service infrastructure and customer/supplier relationships from attack
• Service Assurance - guarantee SLAs, maximize service reach, enable new services, protect against service theft and minimize costs
• Law enforcement - provide legal intercept capabilities