Santa Clara-based GSI Technology has set terms of the firm's upcoming IPO, saying in an SEC filing last night that it will offer 8,000,000 shares of its common stock at between $6.50 and $8.00 per share. GSI will list its stock on the Nasdaq Global Market as "GSIT". The firm develops SRAM used for high performance networking and other electronics. The firm's IPO is being underwritten by Needham & Company, WR Hambrecht + Co, Robert W. Baird & Co., and Stanford Group Company.
posted on Tuesday, March 13, 2007 Related companies: GSI Commerce Related stories: > Aruba Sets Terms For IPO > Riverbed Sets Terms Of IPO > Glu Mobile Sets IPO Terms > Veraz Networks Sets Terms > VMware Sets Terms Of IPO silicontap.com Home