NDS Group Holdings, which provides software solutions to the pay-television industry, filed on Monday with the SEC to raise up to $100 million in an initial public offering. The Middlesex, United Kingdom-based company , which was founded in 1988, is held by private equity firm Permira and News Corporation. NDS Group booked $960 million in sales for the 12 months ended September 30, 2011 and plans to list on the NYSE under the symbol NDSG. Morgan Stanley, Goldman, Sachs & Co., and J.P. Morgan are the lead underwriters on the deal. No pricing terms were disclosed.
