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Server/storage switching services provider Voltaire files for IPO, announces terms

July 10, 2007

Voltaire, an Israeli-based designer of server and storage switching and software solutions to enable high-performance grid computing, filed for US IPO on Tuesday. The company plans to offer 7.7 million shares, including 1.9 million from selling shareholders, at a price between $12.00 and $14.00. JPMorgan and Merrill Lynch are bookrunning the deal.