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Rosetta Stone going public?

posted by Brent Finnegan

Even in the midst of what looks to be a major economic crisis on Wall Street, Rosetta Stone, the language learning software company with a large office in downtown Harrisonburg, is moving ahead with plans to become a publicly traded company. From MarketWatch:

Rosetta Stone Inc. late Tuesday filed to raise up to $115 million in an initial public offering with underwriters Morgan Stanley and William Blair & Co. The Arlington, Va. maker of technology for language learning plans to trade on the New York Stock Exchange under the symbol RST.

Comments

Comment from Renee
Time: September 27, 2008, 12:53 pm

Hm, interesting.

Comment from Eli
Time: September 29, 2008, 1:12 pm

Strange remembering how tiny and family Rosetta Stone was just a little bit ago. *sniff*

Pingback from hburgnews.com » HburgNews – 2008 in Review
Time: December 31, 2008, 2:24 am

[...] decision, and local success-story Rosetta Stone (creators of the famous language learning software) applying to publicly trade its stocks on the New York Stock Exchange. Also, if you visit downtown these days, you can’t miss the start of construction of the [...]

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