Covad, headquartered in Santa Clara, California, is the leading national broadband services provider of high-speed Internet and network access utilizing Digital Subscriber Line (DSL) technology. The company, which was founded in October 1996, enables large corporations to increase productivity by providing their home-based employees with always on, high-speed data connections identical to the local area network connections that they enjoy in their office. Covad also enables Internet services providers to offer high-speed access to end users, a distinguishing service capability, without the need to deploy more equipment in the field. The company had its IPO in 1999 Warburg Pincus exited its investment in early 2000.

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