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January 26, 2012 01:30 am GMT
While there were some big IPOs in 2011, Zynga and Groupon among them, overall it was a disappointing year for IPOs. Will 2012 be any different? As the first tech IPO of the new year, Guidewire Software certainly hopes so. Back in September, the insurance software company joined MobiTV, Angies List, Brightcove, and Jive, filing its S-1, announcing plans to raise up to $100 million and to sell approximately 7.5 million shares at $10 to $12 per share, in advance of its IPO on the New York Stock Exchange.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/wgjjI9b2-R8/
Guidewire Hits The Public Market Running; Shares Jump 30% In Early Trading
While there were some big IPOs in 2011, Zynga and Groupon among them, overall it was a disappointing year for IPOs. Will 2012 be any different? As the first tech IPO of the new year, Guidewire Software certainly hopes so. Back in September, the insurance software company joined MobiTV, Angies List, Brightcove, and Jive, filing its S-1, announcing plans to raise up to $100 million and to sell approximately 7.5 million shares at $10 to $12 per share, in advance of its IPO on the New York Stock Exchange.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/wgjjI9b2-R8/
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