Renaissance Capital logo

Software developer Guidance Software announces terms

November 30, 2006

Guidance Software, which is developing software that analyzes data across an entire network, filed the terms for its IPO on Thursday. The Pasadena-based company plans to offer 5 million shares at a range of $12.50-$14.50, with a proposed market cap of $327 million. Morgan Stanley, Lehman Brothers, Wachovia and A.G. Edwards are managing the deal. Timing has yet to be announced.