Casa Systems Priced, Nasdaq: CASA

A leading provider of CCAP products to broadband network operators.

Industry: Technology

Latest Trade: $14.40 0.00 (0.0%)

First Day Return: +10.8%

Return from IPO: +10.8%

Industry: Technology

We provide a suite of software-centric infrastructure solutions that allow cable service providers to deliver voice, video and data services over a single platform at multi-gigabit speeds. In addition, we offer solutions for next-generation distributed and virtualized architectures in cable operator, fixed telecom and wireless networks. Our converged cable access platform (CCAP) enables customers to cost-effectively and dynamically increase network speed, add bandwidth capacity and new services for consumers and enterprises, reduce network complexity and reduce operating and capital expenditures. We focus our development efforts on innovation and being the first to market with new products at each generational shift in cable network technology. We pioneered the use of a software-centric approach to leverage the programmability of FPGAs and general purpose processors for use in the cable industry. Top customers include Time Warner Cable (36% of 9mo17 sales), Liberty Global (11%), Rogers Communications, Televisa/IZZI Mexico and Vodafone.
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IPO News for Casa Systems
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IPO Data
IPO File Date 11/17/2017
Offer Price $13.00
Price Range $13.00 - $13.00
Offer Shares (mm) 6.0
Deal Size ($mm) $78
IPO Data
IPO Date 12/14/2017
Offer Price $13.00
Price Range $13.00 - $13.00
Offer Shares (mm) 6.0
Deal Size ($mm) $78
Underwriters
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Company Data
Headquarters Andover, MA
Founded 2003
Employees 664
Website www.casa-systems.com