Vendor results - 10/06/07

Starent Networks raised $124m in an IPO, giving it a market capitalization of about $750m, while Infinera has gained $165m net proceeds from its IPO. Infinera share went up 20% after the first trading starting at $13 (and giving Infinera a market capitalization of approximately $1.1bn).

CDN (Content delivery network ) players also shined after their IPO. Limelight Networks share gained 48% to $22.2 on its offer price, while Akamay stock rose 8% to $45.6