September 7, 2007 / 9:07 PM / 10 years ago

BlueArc files for $103.5 million IPO

WASHINGTON, Sept 7 (Reuters) - BlueArc Corp, a network storage systems provider, filed with regulators on Friday to raise up to $103.5 million in an initial public offering of common stock.

Credit Suisse, Lehman Brothers, RBC Capital Markets, Thomas Weisel Partners and Pacific Crest Securities are underwriting the IPO, according to the registration statement filed with the U.S. Securities and Exchange Commission.

The filing did not reveal how many common shares the company plans to sell or their estimated price, as those details are expected in future filings. (Reporting by Shivani Singh)

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