INLT News

InnoLight Technology, which manufactures high-speed optical transceivers for data networks, withdrew its plans for an initial public offering on Thursday. It originally filed in June 2015 with a proposed deal size of $100 million. It last filed an amendment to its application in August 2015. Public peer Acacia Communications (ACIA) is the top performing IPO of 2016, up 216% from...read more

InnoLight Technology, which manufactures high-speed optical transceivers for data networks, filed on Thursday with the SEC to raise up to $100 million in an initial public offering. Google (NASDAQ: GOOGL) is the company's largest shareholder and customer. The Suzhou, China-based company, which was founded in 2008, plans to list on the NASDAQ under the symbol INLT....read more