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	<title>93South - Thoughts on New England Web 2.0 &#187; Wakefield</title>
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		<title>Picis Files for $86.25 Million IPO</title>
		<link>http://www.93south.net/blog/picis-files-for-8625-million-ipo/</link>
		<comments>http://www.93south.net/blog/picis-files-for-8625-million-ipo/#comments</comments>
		<pubDate>Mon, 21 Aug 2006 18:02:15 +0000</pubDate>
		<dc:creator>David</dc:creator>
				<category><![CDATA[Funding]]></category>
		<category><![CDATA[IPO]]></category>
		<category><![CDATA[Startup]]></category>
		<category><![CDATA[Wakefield]]></category>
		<category><![CDATA[New England]]></category>
		<category><![CDATA[Software]]></category>
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		<description><![CDATA[Picis, the Wakefield based maker of medical software filed on Friday for an IPO in the range of $86.26 Million.&#160; Not that I cover medical software that much (although I&#8217;ve thought about the pharmaceutical space considering our location) but I thought it would be nice to cover a local start-up filing for an IPO for [...]


Related posts:<ol><li><a href='http://www.93south.net/blog/over-210-million-announced-beta-launches-and-the-end-is-near-the-week-in-review/' rel='bookmark' title='Permanent Link: Over $210 Million Announced, Beta Launches and The End is Near? &#8211; The Week in Review'>Over $210 Million Announced, Beta Launches and The End is Near? &#8211; The Week in Review</a> <small> What a week to get bogged down at work...</small></li></ol>

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			<content:encoded><![CDATA[<p><a href="http://www.picis.com/" target="_new" atomicselection="true"><img style="margin: 0px 15px 0px 0px" height="72" src="http://www.93south.net/images/PicisFilesfor86.25MillionIPO_C5A8/picis5.gif" width="72" align="left"></a>Picis, the Wakefield based maker of medical software filed on Friday for an <a href="http://www.picis.com/news/Press/20060818.asp" target="_blank">IPO in the range of $86.26 Million</a>.&nbsp; Not that I cover medical software that much (although I&#8217;ve thought about the pharmaceutical space considering our location) but I thought it would be nice to cover a local start-up filing for an IPO for a change.&nbsp; </p>
<p>No intricate details were released on what the funding would be used for but <a href="http://www.boston.com/news/local/massachusetts/articles/2006/08/18/picis_files_for_ipo_of_up_to_8625_million/" target="_blank">The Boston Globe</a> reports that&nbsp;the company said it plans &#8220;to use net proceeds from the IPO for general corporate purposes&#8221;.</p>
<p>Goldman, Sachs &amp; Co. will act as the sole book-running manager of the proposed offering. Piper Jaffray &amp; Co. will act as co-lead manager, and Thomas Weisel Partners LLC and William Blair &amp; Company will act as co-managers.</p>
<img src="http://www.93south.net/?ak_action=api_record_view&id=65&type=feed" alt="" />

<p>Related posts:<ol><li><a href='http://www.93south.net/blog/over-210-million-announced-beta-launches-and-the-end-is-near-the-week-in-review/' rel='bookmark' title='Permanent Link: Over $210 Million Announced, Beta Launches and The End is Near? &#8211; The Week in Review'>Over $210 Million Announced, Beta Launches and The End is Near? &#8211; The Week in Review</a> <small> What a week to get bogged down at work...</small></li></ol></p>
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