Short Take: Serena prices IPO at 13
Serena Software today priced its initial public offering at $13 a share, higher than the anticipated $9-11 range. The offering, led by Hambrecht & Quist, consists of 6 million shares, 4 million being sold by the company and 2 million by current shareholders. Serena provides services and software to help companies manage updates and installation of new software on their networks.
today priced its
initial public offering at $13 a share, higher than the anticipated $9-11
range. The offering, led by Hambrecht &
Quist, consists of 6 million shares, 4 million being sold by the
company and 2 million by current shareholders. Serena provides services and
software to help companies manage updates and installation of new software
on their networks.