2Wire Plans an IPO

2Wire which makes gateways and modems for DSL market is planning to go public in 2005, according to Venture Wire. The company could could get a lot of interest from Wall Street because of its expansion into the set-top box market, and its growing ties with SBC. I suspect, this IPO filing would be a way for company to set a price for itself, and then a larger probably sell itself to a larger player like Cisco.