SPOTLIGHT: Glu Prices IPO


Mobile game firm Glu Mobile today prices its initial public offering near the top if its range. The firm offered 7.3 million common shares at $11.50 per share, raising $84 million. The firm, which has not yet turned a profit, plans to use about $10.9 million of its IPO proceeds to repay debt to Pinnacle Ventures. See this article.

Suggested Articles

The California Public Utilities Commission (CPUC) told T-Mobile and Sprint that they can't begin the merger of California operations just yet.

That’s a push back from the mid-April reopen target Apple appeared hopeful for just last week.

MTN Consulting says the industry consensus is that 5G will double to triple energy consumption for mobile operators, once networks scale.