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Enterprise storage systems vendor Nexsan sets IPO terms; will be first storage IPO since 2007

Nexsan, a provider of disk-based storage systems for long-term digital information storage, announced terms for its IPO on Friday. The Thousand Oaks, CA-based company plans to raise $55 million by offering 5 million shares at a price range of $10-$12. At the...read more

ALERT: Top weekly perfomers: Data Domain, Fuqi International, CNinsure Inc.

The following companies were the top performing IPOs over the last five trading sessions:

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Network storage firm Data Domain prices above range at $15

Data Domain, a provider of storage appliances for disk-based backup and disaster recovery, priced its initial public offering of 7.4 million shares at $15, a 20% premium to the midpoint of its proposed $11.50 to $13.50 price range, on Tuesday night. Of the...read more

Storage appliance provider Data Domain announces terms

Data Domain, which provides capacity-optimized storage appliances for disk-based backup and network-based disaster recovery, announced the terms of its IPO Friday. The company plans to offer 7.4 million shares, including 400,000 from selling shareholders, at a...read more