To recap: We try to pick the hottest IPO or acquisition prospects in the telecom technology market. This is done just before the companies promptly go spiraling into bankruptcy. (Ha. Just kidding. Kind of.)
How are the companies selected? We usually stick to the same three criteria:
Then there's the X-factor, which is what sets our list apart from other industry rankings – or "skankings," as we like to call them. Last July, we gave you some insights into some of the elements going into the X-factor, including the Vibe, Creep-Out Index, and Aesthetics. (See Light Reading's Top Ten Private Companies.)
In an exclusive look inside the inner circle of Light Reading, here are some of the other elements comprising the X-factor:
So... What's new?
The new additions are a motley crew, running the gamut of optical networking, broadband access devices, and operations software. Newcomers include Infinera Corp. (Nasdaq: INFN), the avant-garde optical networking company that's revisiting the list after prior bumpings. We've also added some fresh blood with the addition of Apertio Ltd. , 2Wire Inc. , and Ruckus Wireless Inc. Haven't heard of any of them? We reckon you will.
So who got ditched, and why? We've booted several companies for getting a bit old and moldy, as well as lacking any new big news. In short, we got bored waiting for them to make us look good.
Turin Networks Inc. has been quiet – a little too quiet. And the empty TelecomNext booth was a clincher. Bridgewater Systems Corp. (Toronto: BWC) and Tazz Networks Inc. provided a bit of a problem, in that we wanted to leave them on the list, but it seemed too many other companies are building revenues faster and have products in more interesting areas. Also, our last Top Ten's Reader Poll indicated that folks see policy control as a niche space, not necessarily a monster market. (See Light Readers Torn Over Policy Decisions.)
And last – and possibly least – Atrica Inc. got the boot. We figure, if Atrica hasn't made its move for IPO or found a buyer by now, it may be getting a little late in the game.
You can get to the full details by clicking on the links in the table here:
The Liquidity Bin: Want to send in your feedback? Send us a note and let us know what you think. — The Staff, Light Reading