Motorola and Cisco Systems are selling shares in the flotation of the provider of mobile technology for hospitals.
Motorola and Cisco Systems-backed Vocera Communications, which provides mobile technology for hospitals, is set to raise up to $80.5m in its initial public offering (IPO) after it set its range on Tuesday.
Vocera said 5.75m shares would be sold at between $12 per share to $14 per share, and 750,000 of the shares would be sold by shareholders, according to a filing with US regulator the Securities and Exchange Commission.
The top end of the range gives the…
