Monday, June 6, 2011

3 IPOs Planned for This Week

Renaissance Capital IPO Research submits:

The following IPOs are expected to price this week:

Fusion-io, Inc. (FIO), which offers a next generation storage memory platform that boosts data access speeds, plans to raise $172 million by offering 12.3 million shares at a price range of $13 to $15. At the mid-point of the proposed range, Fusion-io, Inc. will command a market value of $1.4 billion. Fusion-io, Inc., which was founded in 2005, booked $136 million in sales over the last 12 months. The Salt Lake City, UT-based company plans to list on the NYSE under the symbol FIO. Goldman, Sachs & Co., Credit Suisse, and Morgan Stanley are the lead underwriters on the deal.

Sabre Industries (SABR), which provides towers and shelters for wireless infrastructure and electric transmission, plans to raise $91 million by offering 7 million shares at a price range of $12 to $14. At the mid-point of the proposed range, Sabre Industries


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AMPHENOL ANIXTER INTERNATIONAL APPLE COMPUTER APPLIED MATERIALS ARIAN SEMICONDUCTOR EQUIPMENT

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