Geekzone: technology news, blogs, forums
Guest
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: http://www.alphasmart.com...

comments powered by Disqus




Trending now »

Hot discussions in our forums right now:

The President Of The USA: Donald Trump
Created by TimA, last reply by Fred99 on 26-Feb-2017 20:52 (3342 replies)
Pages... 221 222 223


"Parents' lawsuit claims FaceTime caused daughter's death"
Created by kingdragonfly, last reply by richms on 23-Feb-2017 11:03 (23 replies)
Pages... 2


Vodafone / SKY merger
Created by wingbat45, last reply by tdgeek on 25-Feb-2017 07:34 (136 replies)
Pages... 8 9 10


What is this green cabinet for?
Created by DarthKermit, last reply by MadEngineer on 24-Feb-2017 21:13 (20 replies)
Pages... 2


SureSignal missed calls
Created by hairy1, last reply by froob on 23-Feb-2017 20:23 (19 replies)
Pages... 2


Best way to network my computers
Created by Rikkitic, last reply by Rikkitic on 24-Feb-2017 11:24 (75 replies)
Pages... 3 4 5


US citizens can buy grenade launchers
Created by kingdragonfly, last reply by Sam91 on 26-Feb-2017 22:53 (16 replies)
Pages... 2


Did Chorus Increase its Layer 2 speed ?
Created by Mikek, last reply by darylblake on 24-Feb-2017 22:46 (14 replies)