Technology News

IPO Pipeline Showing Signs Of Strength

Friday, August 10, 2007 5:00:00 AM PDT | VentureDeal Staff

NEW YORK, NY -- The U.S. IPO pipeline is showing significant growth and strength, according to a report from Ernst & Young.

As of June 30, 97 companies were registered to raise a total of $18.2 billion through IPOs.  California is the most represented, with 13 registrants, followed by 12 and 10 from Texas and New York respectively.

"This strong pipeline is in line with performance during the second quarter of this year, when U.S. markets raised a total of $15.7 billion through 59 deals," said Maria Pinelli, Americas Director, Strategic Growth Markets, Ernst & Young, LLP.

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