Reuters: Computer server maker Cobalt files for $86 mln IPO | Linux Today

Reuters: Computer server maker Cobalt files for $86 mln IPO

Written By
Web Webster
Web Webster
Sep 9, 1999

“Computer maker Cobalt Networks Inc. filed Wednesday to raise
about $86 million in an initial public offering.”

The Mountain View, Calif.-based company sells servers that
allow users to run applications over the Internet.

“The company sold about 11,000 of the servers which range in
price from $999 to $1799 through July 2, according to the company’s
filing with the Securities and Exchange Commission.”

Complete Press
Release

Web Webster

Web Webster

Web Webster has more than 20 years of writing and editorial experience in the tech sector. He’s written and edited news, demand generation, user-focused, and thought leadership content for business software solutions, consumer tech, and Linux Today, he edits and writes for a portfolio of tech industry news and analysis websites including webopedia.com, and DatabaseJournal.com.

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