ChinaCache, the nation's largest provider of Internet content and application delivery services, has lodged an application with the US Securities and Exchange Commission for its initial public offering aimed at raising $100 million on the NASDAQ. It has hired Bank of America Merrill Lynch and Deutsche Bank Securities to underwrite the sale. ChinaCache was founded in 1998 as China's first non-telecommunications company licensed for wireless services. Its float was first planned in 2007 and was later aborted in the wake of the financial crisis. It previously won venture capital funding from Intel Capital and Qiming Venture Capital.

 

Source: http://tech.qq.com/a/20100913/000274.htm

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