Network Computing is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Voltaire's IPO Plans Spotlight InfiniBand

5:40 PM -- Storage IPOs are like buses -- you wait an eternity for one and then a bunch arrive all at once. (See Data Domain Closes IPO, BladeLogic Looks to $80M IPO, and EMC Still Rules VMware.)

Yesterday's headlines were grabbed by VMware, which announced plans to raise around a billion dollars from its imminent IPO.

Next up is InfiniBand specialist Voltaire, which after months of speculation, finally unveiled its IPO plans today. (See Voltaire Files IPO Statement, IPO Talk Strikes Voltaire, and InfiniBand Boasts Growth.)

Although yet to price its stock, Voltaire confirmed that it will offer 7,693,000 shares as part of its IPO, which is being run by JP Morgan Securities, Merrill Lynch, and Pierce, Fenner & Smith. Thomas Weisel Partners and RBC Capital Markets are acting as co-managers for the offering.

Voltaire is no doubt hoping to follow in the footsteps of InfiniBand chip vendor Mellanox, which kicked off the first of this year's many storage IPOs back in February. (See Mellanox Exceeds IPO Hopes, Mellanox Goes Public, and Mellanox Ready for IPO .)

  • 1