Markets

Israeli company Babylon files for a $115 million NASDAQ IPO

An image of a man holding out his hands with many different images
Credit: Shutterstock photo

Babylon, a leading developer of translation software solutions and search services, filed on Monday with the SEC to raise up to $115 million in an initial public offering. The Or Yehuda, Israel-based company, which was founded in 1997 and booked $144 million in sales for the 12 months ended 9/30/2012, plans to list on the NASDAQ under the symbol BBYL. Citi and Jefferies & Co. are the joint bookrunners on the deal. No pricing terms were disclosed.

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


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

Other Topics

IPOs

Latest Markets Videos