graphic
graphic  

graphic
    Home

    News 

 companies
 company research
 deals
 
  • M&A databank
    •  
  • Top 25 Deals
    •  economy
     financial news in brief
     industry watch
     international
     
        Markets & Stocks

        Commentary

        Technology

        Personal Finance

        Retirement

        Mutual Funds

        Money 101

        Money's Best

    Track your stocks

    Calculators

      CNN on TV
      Watch CNN video
      Buy show videos

      Services

      CNN.com

      CNNSI.com

      MONEY Magazine
      Customer Service


      E-MAIL
      NEWSLETTERS
      sign up!

      MOBILE NEWS
      •AvantGo
      sign up!

    		 graphic
    Markets > IPOs
    graphic
    Magma raises $63 million
    graphic November 19, 2001: 7:22 p.m. ET

    Chip design software firm prices above its expected range at $13 per share.
    graphic
    graphic graphic
    graphic
    NEW YORK (CNN/Money) - Magma Design Automation Inc., a provider of chip design software, raised more than $63 million Monday ahead of its initial public offering.

    Magma sold 14.85 million shares at $13 each via lead underwriter Credit Suisse First Boston, above its already boosted terms.

    The company upped its planned deal to 4.85 million shares at $11-to-$12  each Monday, up from 4 million at $9-to-$11 each. 

    Cupertino, Calif.-based Magma offers software that cuts the time it takes to produce communications, networking and semiconductor chips.

    Magma plans to trade under "LAVA" on the Nasdaq stock market Tuesday. graphic




    		graphic
    © 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy. Advertising Practices.
    Live Quotes automatically refresh, but individual equities are delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET.
    * : Time reflects local markets trading time. † - Intraday data delayed 15 minutes for Nasdaq, and 20 minutes for other exchanges. Disclaimer
    Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
    MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
    Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
    Intraday data is at least 20-minutes delayed. All times are ET.
    Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
    Fundamental data provided by Morningstar, Inc..
    SEC Filings data provided by Edgar Online Inc..
    Earnings data provided by FactSet CallStreet, LLC.
    Home | Contact Us | Advertise with Us | Corrections | Career Opportunities | Site Map
    RSS | Email Delivery | Portfolio | Podcasts | Mobile | Widgets | User Preferences | Special Sections
    | Magazine Customer Service | Download Fortune Lists | Reprints | Conferences | Business Leader Council
    graphic