Stephenson Harwood has advised Plover Bay Technologies Limited (Plover Bay) on the company's approximately HK$125 million listing on the main board of The Stock Exchange of Hong Kong Limited.
Established in 2006, Plover Bay, the fifth largest SD-WAN router vendor internationally in 2015 in terms of revenue value, is a well-established SD-WAN router vendor focusing on the design, development, marketing and sale of their products and services. Its products and services are used by enterprise users, such as multinational companies, as well as industry users, including those in the transportation, retail and education industries. Plover Bay market and sell its products and services to customers and end users under its own brands, namely Peplink and Pepwave.
Corporate partner Eugene Lai led the transaction and was assisted by senior associate Ivy Wong, associates Joyce Hau and Clement Lai.