Prior Transactions

Extreme Networks $136,850,000
Initial Public Offering
April 9, 1999
$575,575,000
Follow-on
October 19, 1999
$175,000,000
Convertible Notes
November 30, 2001
White Rock Networks $60,000,000
Private Placement
November 7, 2001
PowerDsine $25,000,000
Private Placement
November 5, 2001
Enterasys Networks Spin out
August 6, 2001
Luminous Networks $80,000,000
Private Placement
May 31, 2001
TollBridge $25,000,000
Private Placement
April 25, 2001
Ciena $918,500,000
Follow-On
February 5, 2001
$600,000,000
Convertible Senior Notes
February 5, 2001
Advanced Switching Communications $93,750,000
Initial Public Offering
October 5, 2000
Elastic Networks $116,610,000
Initial Public Offering
September 29, 2000
CoSine Communications $264,500,000
Initial Public Offering
September 26, 2000
Ceragon Networks $97,750,000
Initial Public Offering
August 4, 2000
Oni Systems $230,000,000
Initial Public Offering
June 1, 2000
$691,000,000
Follow-on
October 23, 2000
$300,000,000
Convertible Notes
October 23, 2000
Sonus Networks $132,250,000
Initial Public Offering
May 25, 2000
Tut Systems $150,000,000
Follow-on Offering
March 23, 2000
Sycamore Networks $1,762,432,500
Follow-on
March 14, 2000
Turnstone Systems $100,050,000
Initial Public Offering
February 1, 2000
$230,000,000
Follow-on
September 26, 2000
Corvis $216,000,000
Private Placement Preferred Stock
December 17, 1999
$1,138,500,000
Initial Public Offering
July 28, 2000
Logo MCK $62,560,000
Initial Public Offering
October 22, 1999
$110,000,000
Follow-on
April 7, 2000
Alteon Web Systems $87,400,000
Initial Public Offering
September 24, 1999
$503,843,750
Follow-on
January 25, 2000
Netro $46,000,000
Initial Public Offering
August 19, 1999
$569,250,000
Follow-on
March 16, 2000
Packeteer $69,000,000
Initial Public Offering
July 28, 1999
Paradyne $117,300,000
Initial Public Offering
July 16, 1999
$155,620,000
Follow-on
September 29, 1999
Avanex $248,400,000
Initial Public Offering
February 4, 2000
Efficient Networks $69,000,000
Initial Public Offering
July 15, 1999
$350,000,000
Follow-on
February 4, 2000
Clarent $69,000,000
Initial Public Offering
July 1, 1999
$391,000,000
Follow-on
November 22, 1999
Juniper Networks $187,680,000
Initial Public Offering
June 25, 1999
$1,092,500,000
Follow-on
September 29, 1999
$1,000,000,000
Convertible Notes
March 2, 2000
Ditech $38,000,000
Initial Public Offering
June 9, 1999
$133,256,250
Follow-on
October 6, 1999
Emulex Network Systems $147,315,000
Follow-on
May 20, 1999
Redback Networks $66,125,000
Initial Public Offering
May 18, 1999
$500,000,000
Convertible Notes
March 23, 2000
TranSwitch $72,335,000
Follow-On
February 9, 1999
$400,000,000
Convertible Notes
September 7, 2000

Prior M&A Experience

Brooktrout Technology

has merged with

Excel

$173,000,000

Brooktrout Technology

has been acquired by

EAS Group

$28,800,000

Elastic Networks

has been acquired by

Paradyne

October 2005

October 2005

March 2002

$1,300,000,000

Illuminet

has been acquired by

Verisign

$400,000,000

PictureTel

has been acquired by

Polycom

$648,000,000

Telecom Technologies

has been acquired by

Sonus Networks

December 2001

October 2001

January 2001

$75,000,000

WorkFire

has been acquired by

Packeteer

$335,000,000

Altiga Networks

has been acquired by

Cisco Systems

September 2000

March 2000