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July 1, 1997updated 05 Sep 2016 12:01pm


By CBR Staff Writer

Power Computing Corp has filed for an initial public offering of shares that could fetch up to $30m for the Mac cloner, according to a report by CNet. The company plans to offer 3 million shares at a projected price range of $8 to $10. According to the report, in filing for the IPO with the Securities and Exchange Commission, Power also mentioned plans to begin producing Intel processor-based, Windows-running machines by the first half of next year, while continuing to pursue its Macintosh-compatible business.

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