Applied Optoelectronics, a fiber-optic networking products provider for cable television, fiber-to-the-home and internet data center end markets, filed on Tuesday with the SEC to raise up to $50 million in an initial public offering. The Sugar Land, TX-based company, which was founded in 1997 and booked $69 million in sales for the 12 months ended June 30, 2013, plans to list on the NASDAQ under the symbol AAOI. Applied Optoelectronics initially filed confidentially on April 4, 2013. Raymond James and Piper Jaffray are the joint bookrunners on the deal. No pricing terms were disclosed.
