Staff Writer
RESEARCH TRIANGLE PARK, N.C. – Anchored by Raleigh, Durham and Chapel Hill, Research Triangle Park (RTP) for decades has provided the necessary resources to stimulate a fertile venture capital community. The region hosts elite universities, Fortune 500 technology and life sciences companies, and, most important to deal brokering, killer golf courses. Further, the Internet 2 […]
SAN MATEO, Calif. – Women.com Networks Inc., an Internet network dedicated to women, filed to go public May 13. The company has not yet announced how many shares it plans to offer or a suggested stock price. Morgan Stanley Dean Witter, BT Alex. Brown and Salomon Smith Barney are underwriting the initial public offering. MediaOne […]
NEW YORK – Morgan Stanley Dean Witter Venture Partners, a division of Morgan Stanley Dean Witter & Co., invests in growth-stage information technology and health-care companies throughout the country. Since inception in 1985, the firm has raised some $550 million spread across four funds, with investments in more than 90 companies. Morgan Stanley Dean Witter […]
MANCHESTER, N.H. – Silknet Software Inc., a provider of online marketing, sales, e-commerce and customer services, went public May 5. The company offered 3 million shares of common stock at $15, well above its $10 to $12 filing range. Venture backers include CMG @ Ventures, Zero Stage Capital, BancBoston Ventures Inc., Vertex Management, Intel Corp., […]
NEW YORK – StarMedia Networks Inc., a leading Internet provider in Latin America, went public May 25. The company offered 7 million shares at $15 apiece, at the top of its $13 to $15 filing range. Chase Capital Partners, Flatiron Fund, and Warburg, Pincus Equity Partners were venture backers. There are no selling shareholders. Underwriters […]
SAN FRANCISCO – Scient Corp., a provider of online customer service products, held an initial public offering May 13. The company offered 3 million shares of common stock, which priced at $20, above the company’s $17 to $19 filing range. Underwriters included Morgan Stanley Dean Witter, Hambrecht & Quist and Thomas Weisel Partners L.L.C. There […]
SUNNYVALE, Calif. – Redback Networks Inc., a company that develops and markets software, hardware and support services for Internet providers, went public May 17. The company offered 2.5 million shares of common stock at $23 apiece, above the $18 to $20 filing range. Morgan Stanley Dean Witter, BancBoston Robertson Stephens and Dain Rauscher Wessels underwrote […]
SCOTTSDALE, Ariz. – SalesLogix Corp., a company that markets sales management software for businesses, held an initial public offering May 27. The company offered 3.3 million shares at $9 apiece, at the bottom of its $9 to $11 filing range. Underwriters included Hambrecht & Quist, BancBoston Robertson Stephens, U.S. Bancorp Piper Jaffray and Charles Schwab […]
LANHAM, Md. – Radio One Inc., which owns and operates radio stations throughout the eastern United States, held an initial public offering May 5. The company offered 6.5 million shares at $24 apiece, at the top of its $22 to $24 filing range. Underwriters included Credit Suisse First Boston, Bear, Stearns & Co. Inc., BT […]
CUPERTINO, Calif. – Portal Software Inc., a developer of customer management and billing software for providers of Internet-based services, went public May 5. The company offered 4 million shares at the offering price of $14 per share. Accel Partners is a venture backer. Goldman, Sachs & Co., Credit Suisse First Boston, BancBoston Robertson Stephens and […]