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 | 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...
Trending now »

Hot discussions in our forums right now:

YouTube has crashed.
Created by Coil, last reply by stinger on 17-Oct-2018 20:59 (25 replies)
Pages... 2


Government changes tack on online shopping GST to avoid price hikes
Created by tripp, last reply by amiga500 on 20-Oct-2018 05:20 (54 replies)
Pages... 2 3 4


Price of Petrol
Created by Bluntj, last reply by MikeAqua on 18-Oct-2018 08:38 (206 replies)
Pages... 12 13 14


Gaming away from home
Created by networkn, last reply by TheoM on 17-Oct-2018 21:00 (17 replies)
Pages... 2


2degrees wifi calling issues
Created by dfnt, last reply by dfnt on 17-Oct-2018 15:28 (45 replies)
Pages... 2 3


Transferring domain in to MetaName
Created by tardtasticx, last reply by timbee on 19-Oct-2018 23:02 (13 replies)

Lime scooters
Created by blackjack17, last reply by wellygary on 19-Oct-2018 14:34 (52 replies)
Pages... 2 3 4


ebikes
Created by Geektastic, last reply by robjg63 on 17-Oct-2018 10:13 (27 replies)
Pages... 2