One Stop Systems Plans for IPO

HPC vendor One Stop Systems has announced plans to raise $20 million in an initial public offering (IPO) on Wednesday, January 31. Founded in 1998, the company plans to issue 2,900,000 shares at a price of $6.00-$8.00 per share. "OSS designs, manufactures and markets high-end systems for high performance computing applications. We combine state-of-the art components from major technology providers to design and manufacture purpose-built systems that allow our customers to exploit Big Data opportunities faster and more efficiently."

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