“Transmeta Monday set terms for an initial public offering at
13m common shares in a range of $11-$13 per share, potentially
netting the microprocessor company about $144m (£97.35m) in
proceeds.”
“Underwriters led by Morgan Stanley Dean Witter and Deutsche
Banc Alex Brown have an overallotment option of 1.95 million
shares.”
Transmeta, which plans to list on Nasdaq under the symbol TMTA,
will have more than 126 million common shares outstanding when
the IPO is completed.”
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.
LinuxToday is a trusted, contributor-driven news resource supporting all types of Linux users. Our thriving international community engages with us through social media and frequent content contributions aimed at solving problems ranging from personal computing to enterprise-level IT operations. LinuxToday serves as a home for a community that struggles to find comparable information elsewhere on the web.
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