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XYRATEX ANNOUNCES PRICING OF IPO OF COMMON STOCK.

Publication: AsiaPulse News
Publication Date: 24-JUN-04
Format: Online
Delivery: Immediate Online Access

Article Excerpt
(Full text of a statement, contact details below)

HAVANT, June 24 /PRNewswire-FirstCall-AsiaNet/ -- Xyratex Ltd, a leading provider of enterprise class data storage subsystems and network technology, announced today the pricing of its initial public offering of common stock, which is expected to begin trading on the Nasdaq National Market under the symbol "XRTX". The Company has agreed to sell 4,000,000 shares of its common stock at $14.00...

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