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Short Take: @Home files for secondary offering

@Home has filed to launch a secondary offering of 2.5 million shares. Proceeds from the offering will be used for general corporate purposes, including working capital, as well as for expenses such as a broadening of the company's domestic and international expansion, and an increase in its backbone capacity.

Dawn Kawamoto Former Staff writer, CNET News
Dawn Kawamoto covered enterprise security and financial news relating to technology for CNET News.
Dawn Kawamoto
has filed to launch a secondary offering of 2.5 million shares. Proceeds from the offering will be used for general corporate purposes, including working capital, as well as for expenses such as a broadening of the company's domestic and international expansion, and an increase in its backbone capacity.