Quantum Bridge Communications, Inc. announced, in light of current market conditions, it has withdrawn its registration statement with the Securities and Exchange Commission for an initial public offering of its common stock.
Tony Zona, president and CEO of Quantum Bridge, said the company will revisit the public markets when conditions improve.
About Quantum Bridge Communications:
Quantum Bridge Communications, headquartered in Andover, Mass., is a provider of optical access systems designed to address the bandwidth bottlenecks in access networks. For more information, visit www.quantumbridge.com.