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The San Francisco online restaurant reservation company plans to raiswe upto $42 million with the sale of 3 millionh shares. At the middle of its expected pricew rangeof $12 to $14 a share, the company would be valued at $281 Sales at the company rose 36 percent to $55.8 millio in 2008, a year in whicg it lost $1.02 million. The company plans to tradew on Nasdaq under thesymbol “OPEN" and use the monehy from the IPO for general corporate purposes and possible OpenTable's CEO Jeffrey Jordan was previously presidentt of , 's (NASDAQ:EBAY) online payment Its venture backers include Menlok Park-based firms and . The other U.S.
company goinfg public this weekis , an Texas, network management softwared maker. It plans to raise up to $139.4 million on the sale of 12.1 millionm shares. It plans to tradr on the New York Stocj Exchange under thesymbol "SWI." SolarWindsw competes with . (NYSE:HPQ) and by offering lower prices tha the valleysoftware giants. Its salezs rose 51 percent to $93.1 million last with net income up 64 percentto $22.3 million. Only three other U.S. companies have gone publi so farin 2009, followinbg a fourth quarter last year in which there were no domestic IPOs.
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