View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
May 6, 1994

SHARE & BOND ISSUES

By CBR Staff Writer

Ancor Communications Inc, Minneapolis developer of Fibre Channel local area communications switches, adaptors and application specific integrated circuits, got its initial public offering of 2m shares, all new, away at $4.25 a share. Net proceeds of $8m or so will be used for debt reduction, research and development and additional working capital. The company did not name underwriters.

Topics in this article :
Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.
THANK YOU