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Data warehouse firm Netezza prices above range at $12

July 18, 2007
NZ

Netezza, which provides data warehouses focused on enabling analysis on large volumes of data, priced its initial public offering of 9 million shares at $12, above its proposed range of $9 to $11, on Wednesday night. Credit Suisse and Morgan Stanley were joint book runners on the deal. The stock is expected to begin trading on the NYSE Arca exchange under the ticker NZ on Thursday.