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Xtera News
Xtera Completes Installation of Submarine Cable System
DALLAS, Jan. 25, 2016 — Xtera Communications Inc., a provider of high-capacity optical transport solutions, has completed the marine installation of its second repeatered submarine cable system. Deployed in the Atlantic Ocean last year, the 1500-km long cable system is...
Xtera Revenues Soar in Fiscal 2015
DALLAS, Dec. 10, 2015 — Optical transport technology company Xtera Communications Inc. more than doubled its revenues in the last fiscal year leading up to its initial public offering. Xtera reported revenues of $58.7 million, compared to $25.0 million in fiscal 2014. The...
Optical Communications Firm Xtera Announces IPO
ALLEN, Texas, Nov. 13, 2015 — Xtera Communications Inc. has announced its initial public offering of 5 million shares of its common stock at a price to the public of $5 per share. The shares will trade on the NASDAQ Global Market under the symbol XCOM. Needham & Company LLC,...
Xtera Cuts 36 Jobs to Expand Globally
Mar 1, 2004 — ALLEN, Texas, March 1 -- Xtera announced today it has closed a $30 million funding round that will be used to expand the global commercialization of its optical networking transport solutions. The company said it has reduced its Allen, Texas,...
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May 2024
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