Digital Insight Goes Public With 3.5 Million Shares
Digital Insight, Calabasas, announced the initial public offering of 3.5 million shares of its common stock at $15 per share, to be traded on the Nasdaq National Market under the symbol DGIN. All of the stock offered is being sold by the company.
The offering is underwritten by a team of underwriters led by Morgan Stanley Dean Witter.
Digital Insight provides real-time banking services to community financial institutions with assets of less than $10 billion. The company also provides targeted marketing programs, Web site design, hosting and other related services.