Crystal, a provider of business intelligence, reporting and analysis software, said the offering is being underwritten by Goldman Sachs & Co, with Morgan Stanley, Citigroup Global Markets Inc and Thomas Weisel Partners LLC as managers.
A technology IPO in the US, once the stuff of daily news, is a rarity these days. One of the last was that of Seagate Technology, Crystal’s former parent, in December. Seagate’s stock closed down almost 5% its first day of trading.
Also filing registration statements this year have been DigitalNet Holdings, a services firm which hoped its focus on the US defense sector would help smooth the transition to public ownership, and IPass Inc, a mobile security provider.
Source: Computerwire
