Acacia Communications, an optical networking company that boosts bandwidth for cloud and other service providers, Monday filed for an IPO — a rarity during a year in which the number of tech companies going public is at its lowest since 2009, the year Acacia launched.
The $125M filing to go public comes during a year when the rise of the Unicorn, private companies with valuations of $1 billion or more, has blown away the tech IPO market.