IPO - Wednesday, June 17, 2009
LogMeIn Sets Date With $100M IPO
The IPOs that are setting the course in these times have not been the high profile names but have been behind the scenes players like OpenTable, Rosetta Stone and Now LogMeIn. Woburn, MA-based LogMeIn was founded in early 2003 and makes remote desktop applications that allow Mac and PC users to control and access their files remotely. They can get their files from another computer or an iPhone or, soon, a Blackberry. LoMeIn reported net income of $1.5M on revenue of $17.2M in the three months e... Full Story
IPO - Tuesday, June 16, 2009
Just Brutal: Magnachip Withdraws $575M IPO & Files Bankuptcy In Same Year
It's been a rough year for South Korea's MagnaChip Semiconductor. The firm has filed for Chapter 11 bankruptcy protection. MagnaChip listed assets of up to $50M and estimated liabilities of more than $1B.This comes after it withdrew a $575M IPO regi... Full Story
IPO - Tuesday, December 30, 2008
New Year's Resolution: No Tech IPOs
Two long-time-and-coming tech IPOs have gone off the rails, while a third poked its head displaying cojones that it would IPO in their sted. Eyeblaster has withdrawn its planned $115M IPO. The online ad tech company has had an odd go of it with its ... Full Story
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