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IT solutions provider Midas Medici Group Holdings files for $29 million US IPO

February 8, 2012

Midas Medici Group Holdings, a Brazil-focused provider of data center and cloud computing solutions, registered with the SEC on Wednesday for a $29 million initial public offering. The company plans to offer 8.2 million shares (28% insider) at a price range of $3 to $4. Revenue for the twelve months ended 9/30/11 was $65,028. Private equity firm Knox Lawrence International is a primary backer. Midas Medici plans to list on the NYSE Amex under the symbol WATT. Underwriters were not announced.