Renaissance Capital logo

Mpath prices at $18 and Informatica prices at $16

April 28, 1999

Two technology deals priced above their initial ranges and are set to start trading on Thursday. Mpath which licenses technology for operating online communities and operates Mplayer.com priced at $18 per share, 50% above the top of its initial range of $10 - $12, while Informatica, which makes decision support software for businesses, priced at $16, $2 above its initial range of $12 - $14.