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Archive 07


HSP Client Infinera goes public.



11 June, 2007 - Telecom optics operator (and HSP client) Infinera launched its IPO last week. Priced $1 above its $10-$12 range, the company's shares posted a 51.58% surge on their first day of trading. Infinera develops technologies to power optical communications networks. The company expects that its addressable market will go from $3.7 billion in 2007 to $13 billion in 2010.