Boston-based internet services firm Viant Corp has filed with the Securities and Exchange Commission for an initial public offering of common stock worth up to $50m. The exact number of shares offered and the price range have yet to be set, but Viant says all of the shares will be offered by the company. The sale will be managed by Goldman, Sachs & Co, Credit Suisse First Boston Corp and BancBoston Robertson Stephens Inc, with Wit Capital serving as the manager of internet distribution.
Viant says it provides strategic consulting, creative design and technology services to Global 1000 companies seeking to capitalize on the internet. It lists American Express, BankBoston, Compaq, Deutsche Bank, Hewlett-Packard, Kinko’s, Lucent Technologies, and RadioShack among its customers. In addition to its Boston headquarters, the company has offices in San Francisco, New York, Chicago, Dallas and Los Angeles. The 250-employee company posted a net loss of $6.5m in 1998 on revenue of $20m.
