Active Software, HarvardNet Announce IPO Plans.Active Software Inc, the Santa Clara, California Santa Clara, California (IPA: /ˌsæntəˈklærə/) , founded in 1777 and incorporated in 1852, is a city in Santa Clara County, in the U.S. state of California. based provider of e-commerce integration software, has filed with the Securities and Exchange Commission for an initial public offering worth up to $75m. The number of shares to be sold and a price range have yet to be determined. Goldman Sachs The Goldman Sachs Group, Inc., or simply Goldman Sachs (NYSE: GS) is one of the world's largest global investment banks. Goldman Sachs was founded in 1869, and is headquartered in the Lower Manhattan area of New York City at 85 Broad Street. & Co and Lehman Brothers Lehman Brothers Holdings Inc. (NYSE: LEH), founded in 1850, is a diversified, global financial services firm. It is a participant in investment banking, equity and fixed income sales, research and trading, investment management, private equity, and private banking. Inc will act as the joint lead managers of the offering. The other co-managing underwriter of the offering is Dain Rauscher Wessels. Active posted a loss of $9.8m last year on revenue of $7.6m. In another IPO (Initial Public Offering) The first time a company offers shares of stock to the public. While not a computer term per se, many founders, employees and insiders of computer companies have found this acronym more exciting than any tech term they ever heard. filing Monday, Boston-based HarvardNet Inc said it was looking to sell stock worth up to $125m. The company, which provides high-speed data networking and web hosting services, has yet to determine the number of shares to be sold. Morgan Stanley Dean Witter will act as the lead underwriter Lead underwriter The head of a syndicate of financial firms that are sponsoring an initial public offering of securities or a secondary offering of securities. Could also apply to bond issues. of the offering, with other underwriters including Merrill Lynch & Co and Salomon Smith Barney. HarvardNet lost $1.3m last year on revenue of $4.3m. |
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