Online career and recruitment company Dice Holdings Inc. could attract strong investor demand when it goes public this week, becoming the latest technology flotation to meet a strong reception, analysts say.
The company -- best known for its namesake tech-job recruiting Web site Dice.com -- could raise as much as $217 million with a 16.7-million-share IPO expected on July 17.
The timing of Dice's IPO comes on the heels of a handful of other technology-related offerings, including ComScore Inc. (SCOR.O: Quote, Profile, Research), a company that measures Internet usage and patterns, and Data Domain Inc. (DDUP.O: Quote, Profile, Research), a disaster recovery and backup hardware company, which have posted double-digit percentage gains in market debuts over the last six weeks.
"Dice is an extremely well-known and highly regarded tech placement firm," said Scott Sweet, managing director of research firm IPOboutique.com, who expects the offering to be well received by investors.
The company will have a market value of about $744 million based on the preset range for the IPO.
Source: Reuters
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment