SAN MATEO, Calif – Viador Inc., a business software company, held an initial public offering October 26, offering 4 million shares at $9 apiece, at the bottom of its $9 to $11 filing range. Bear, Stearns & Co. Inc., CIBC World Markets and U.S. Bancorp Piper Jaffray underwrote the offering, which left 15.9 million shares […]
NEW YORK – Predictive Systems Inc., a network consulting company, went public October 27, offering 4 million shares at $18 apiece. The stock priced well above its $12 to $14 filing range. BancBoston Robertson Stephens, Bear, Stearns & Co. Inc., Donaldson, Lufkin & Jenrette Securities Corp. and First Union Capital Markets Corp. underwrote the offering, […]
SOUTH SAN FRANCISCO – PlanetRx.com Inc., an on-line provider of health care products, held an initial public offering October 7, offering 6 million shares at $16 apiece, above its $12 to $14 filing range. Goldman Sachs & Co., Hambrecht & Quist, BancBoston Robertson Stephens and William Blair & Co. underwrote the initial public offering, which […]
NEW YORK – Martha Stewart Living Omnimedia Inc., a provider of household products and services, went public October 19, offering 7.2 million shares at $18 apiece, the top of its $16 to $18 filing range. Underwritten by Morgan Stanley Dean Witter, Merrill Lynch & Co., Bear, Stearns & Co. Inc., Donaldson, Lufkin & Jenrette and […]
NEW YORK – Jupiter Communications Inc., a media research firm, went public October 8, offering 3.1 million shares of stock at $21 apiece. The company’s stock priced above its $18 to $20 filing range. Underwritten by Donaldson, Lufkin & Jenrette, Deutsche Banc Alex. Brown, Thomas Weisel Partners and DLJdirect Inc., the initial public offering left […]
AUSTIN, Texas – Texas Growth Fund (TGF) invests in late-stage manufacturing, distribution and service companies that conduct business, but are not necessarily headquartered, in Texas. TGF has raised three funds since it began making private equity investments in 1991. Its latest, the $450 million Texas Growth Fund II 1998 Trust, is expected to be fully […]
W hen John Bernstein of Advent International Corp. walks into his London office these days, he’s confronted with more than a dozen e-mails and a desk piled high with Internet proposals. An investment manager specializing in telecommunications and the Internet, Bernstein personally closed four of his firm’s 10 European Internet deals in the last year. […]
ARCH Venture Partners CHICAGO – ARCH Venture Partners invests in seed- to early-stage information technology, life sciences and physical sciences companies throughout the United States. The firm’s latest vehicle, the $175 million ARCH Venture Fund IV, closed in June, and about one-third of the fund has been invested or committed to some 20 companies, said […]
SAN BRUNO, Calif. – AsiaTech Ventures will manage a $48 million venture fund that will back Asian companies using Sun Microsystems Inc.’s Java programming language. Not surprisingly, Sun is a key investor in the Asia Java Venture Fund, along with the government of Singapore and Asian companies such as Fujitsu and Mitsui & Co. AsiaTech, […]
LONDON – Rupert Murdoch, who was initially unphased by the Internet and e-commerce, has now become an enthusiastic convert, launching News Corp’s $400 million e-partners fund for e-commerce and new media ventures. The vehicle will be managed along with ePartners, a United Kingdom Internet-focused joint venture between e-partners and Softbank Corp. of Japan. Murdoch’s plans […]