Wednesday, April 18, 2007

Masimo Files For IPO

Irvine-based Masimo has filed for an IPO, saying last night in a filing with the SEC that the firm is looking to raise up to $150M on the NASDAQ as MASI. The firm is a manufacturer of medical devices used for pulse oximetry. The IPO is being underwritten by Piper Jaffray, Deutsche Bank Securities, Cowen and Company, and Thomas Weisel Partners. The firm is backed by INVESCO Private Capital, Steelpoint Capital Partners, DSV Partners, and Franklin Templeton Group.