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Fusion-io May Raise $172M In IPO
Fusion-io is seeking to raise $172 million in an initial public offering.
Fusion-iois seeking to raise $172 million in an initial public offering,The Wall Street Journalreports. The data decentralization company is likely to offer at least 12.3 million shares at an estimated price of $13 to $15 each. The company initially planned to sell shares worth $150 million.
The company intends to list the shares on theNew York Stock Exchange.Goldman Sachs,Morgan Stanley, andJP Morganhave been appointed as the lead underwriters on the transaction, addsRenaissance Capital.
Click here for the story fromThe Wall Street Journal.
Click here for additional coverage fromRenaissance Capital.