Monday, June 9, 2008

NextG Networks Files For IPO

San Jose-based NextG Networks said last week in a filing with the SEC that it is looking to raise up to $150M in an IPO on the Nasdaq Global Market. The firm has files to trade under the symbol NXTG. The IPO is being underwritten by Merrill Lynch & Co., Lehman Brothers, RBC Capital Markets, and UBS Investment Bank; the firm is venture backed by Gabriel Venture Partners and Oak Investment Partners.