Thursday, August 31, 2006

CommVault sets IPO at 11.1 mln shrs, $12.50-$14.50 | New Issues | Reuters.com

"CommVault Systems Inc., which designs software that backs up, protects and recovers data, on Wednesday set its planned initial public offering at 11.11 million shares for an estimated price of $12.50 to $14.50 per share.
The Oceanport, New Jersey-based company intends to sell 6.15 million shares, and stockholders plan to sell an additional 4.96 million shares, according to an amended offering document filed with the U.S. Securities and Exchange Commission."

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