Hardware and software systems firm Fusion-io, which numbers Dell and Sumitomo among its backers, eyes extra cash following its float in June.
US-based solid state technology company Fusion-io filed with the US Securities & Exchanges Commission on Wednesday for a proposed follow-on public offering, following an initial public offering (IPO) in June, and is looking to raise a maximum of $350m. Fusion-io is proposing to sell about $100m of its shares but has not disclosed the precise amount at which it is looking to issue the shares as of yet.
Fusion-io’s IPO raised $233.7m in June, with shares floating at $19, outstripping…