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Rumor Mill: GENBAND needs a IPO because it has to

A number of analysts I ran into last week were coming fresh from the GENBAND (www.genband.com) Perspectives Media and Analyst Summit held in Frisco Texas.

One aspect of the event was apparently laying out a case for a IPO in the near future.  Most analysts I talked to felt that GENBAND had paid a dear price in cash for Nortel’s CVAST business and now had to “recapitalize” – raise more money – in order to effectively operate moving forward.

Another reason for an IPO sooner-rather-than-later may be to clean out the vast roster of investors – 18 VC firms by my count –that have been accumulated through the company’s successive acquisitions and mergers over the past couple of years.

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