The internet services company will be floating at between $10 and $12 a share, with Intel Capital among the backers looking to cash in.
US-based internet services company Synacor set the range for its initial public offering (IPO) at between $10.00 and $12.00 a share on Monday, with 6.8 million shares to be issued when it floats.
Semiconductor maker Intel’s corporate venturing unit is among the Synacor’s selling shareholders, which also include venture capital (VC) firms Walden International and North Atlantic Capital, VC group Advantage Capital Partners, VC fund Crystal Internet Ventures, investment corporation Rand Capital and Access Technology Capital the VC division of…
