Fusion-io files for $150 million IPO

Wed Mar 9, 2011 7:13am EST

(Reuters) - Fusion-io Inc, which makes storage solutions for enterprise servers, filed with U.S. regulators on Wednesday to raise up to $150 million in an initial public offering of common stock.

The company, which has Apple Inc's (AAPL.O) co-founder Steve Wozniak as its chief scientist, counts Hewlett Packard Co (HPQ.N) among its clients, according to its website.

The Salt Lake City, Utah-based company said in a preliminary filing with the U.S. Securities and Exchange Commission that Goldman Sachs, Morgan Stanley, J.P. Morgan and Credit Suisse were underwriting the IPO.

The filing did not reveal how many shares the company planned to sell or their expected price.

The proposed IPO price is an estimate solely for purpose of calculating SEC registration fee.

The company intends to list its common stock on the New York Stock Exchange under the symbol "FIO."

(Reporting by Sweta Singh in Bangalore; Editing by Sriraj Kalluvila)

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