Street research for Envivio expected on May 21

By Renaissance Capital,

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Street research for Envivio, which sells a video processing software platform to telecoms and cable service providers, is expected to be released on 5/21/12. On 4/24/12, the company raised $69.8 million by offering 7,755,000 shares at $9.00, below the range of $10.00 to $12.00. Goldman Sachs, Deutsche Bank and Stifel Nicolaus Wiesel acted as joint bookrunners on the deal.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing IPOs
Referenced Stocks: ENVI

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