Geekzone: technology news, blogs, forums
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
AlphaSmart announces Initial Public Offering
Posted on 7-Feb-2004 11:08 | Tags Filed under: News

AlphaSmart is running an IPO and its initial public offering of 4.4 million shares of common stock was priced at US$6.00 per share. AlphaSmart has agreed to sell 4.0 million shares and selling stockholders have agreed to sell 400,000 shares. Summit Partners, a private equity and venture capital firm, is one of the selling stockholders. The shares will be listed on the Nasdaq National Market under the symbol ALSM and will begin trading today. In addition, the underwriters will have a 30-day option to purchase up to 660,000 shares of common stock from selling stockholders to cover any over-allotments.

AlphaSmart is a provider of technology solutions for the education market. AlphaSmart's portable computer-companion products are used by students in 7,500 U.S. school districts to enhance writing, keyboarding and comprehension. Based in Los Gatos, California, AlphaSmart was founded in 1992 by former Apple engineers.

Read our review of Dana by Alphasmart, a Palm OS based computer.

More information:

comments powered by Disqus

Trending now »

Hot discussions in our forums right now:

Is Air New Zealand crapping on New Zealand?
Created by Rikkitic, last reply by elpenguino on 25-Mar-2018 16:09 (102 replies)
Pages... 5 6 7

Cycle Helmets, Yes or No?
Created by tdgeek, last reply by Fred99 on 23-Mar-2018 11:37 (267 replies)
Pages... 16 17 18

I have 1,000s of Blu-Rays and DVDs - how to watch them via Apple TV?
Created by KiwiTT, last reply by KiwiTT on 25-Mar-2018 12:30 (55 replies)
Pages... 2 3 4

Cockroach question
Created by Rikkitic, last reply by Batman on 24-Mar-2018 20:13 (54 replies)
Pages... 2 3 4

Drinking in NZ
Created by networkn, last reply by MikeAqua on 22-Mar-2018 14:26 (59 replies)
Pages... 2 3 4

First Driverless Car Death
Created by networkn, last reply by cruxis on 25-Mar-2018 12:23 (79 replies)
Pages... 4 5 6

Vodafone 5G
Created by DjShadow, last reply by Rikkitic on 23-Mar-2018 16:55 (12 replies)

Australia caught cheating in cricket!
Created by Batman, last reply by Batman on 25-Mar-2018 16:00 (10 replies)