Monday, September 23, 2013

IO Plans IPO

Phoenix-based data center operator and data center technology developer IO said Friday that it plans to conduct an initial public offering of its stock, and is in the midst of submitting a draft registration statement of the IPO to the SEC. IO has not yet released any details on the planned IPO, its bankers, or how much it plans to raise. The company also did not say when it plans to hit the markets.