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CNET News.com: Caldera seeks IPO help

Oct 05, 1999, 14:12 (0 Talkback[s])
(Other stories by Stephen Shankland)

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"Linux seller Caldera Systems is out shopping for investment firms to help it with an initial public offering, and sources say the leading contenders are Goldman Sachs and Morgan Stanley Dean Witter."

"Sources familiar with the company's plan said several investment banks have approached the company, including Goldman Sachs, Morgan Stanley Dean Witter, SG Cowen, and Hambrecht and Quist. Merrill Lynch also approached the firm in 1998, sources said..."

"Spokespeople for Goldman Sachs, Merrill Lynch, and Morgan Stanley Dean Witter declined to comment for the story. Caldera Systems spokeswoman Nancy Pomeroy said that going public "remains an option, as it always has been. We don't even have a timeline. We are getting our financial house in order so it can be an option at the appropriate time."

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