2011-05-24: ACTV, The Active Network

Remark
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2011-05-24: ACTV, The Active Network

IPO Date & Price
Symbol: ACTV, The Active Network
IPO date: 2011-05-24
Offer price/share: $15 x 11M = $165M

Underwriters
Joint Book Runner: BofA Merrill Lynch, Citi
Co Manager: Allen & Company, Stifel Nicolaus Weisel, RBC Capital Markets, ThinkEquity, WR Hambrecht

Business
Sector: Technology
Industry: ?
Full Time Employees: 2,411
Founded: 1998

Provides an online registration platform for sporting events and outdoor activities

The Active Network, Inc., an online community, offers application services technology and marketing access to community service and participatory sports organizations. The company also offers programs, facility, golf course, membership, and revenue management software solutions for parks and recreation, education, and municipal golf courses; Web site content management software solutions; and cashiering and payment, citizen service request, and crisis communication software solutions for government. The company also provides golf course management software, online tee time reservations, and event management services for public, private, municipal golf courses, and multi-course facilities; database management, online registration, online donation, customized Web sites, and technology integration for sports teams, leagues, events, camps, tournaments, scout councils, and reunions; online technology solutions for donation and fundraising campaign management to non-profit organizations; integrated marketing, consumer promotions, and sponsorship program development and management for consumer brands; and marketing partnership programs and management for government, parks and recreation, and education markets. In addition, it provides direct marketing, Web site development, marketing materials, loyalty marketing programs, and online media services for parks and recreation, education, non-profit, government, golf, sports, scout council, and reunion agencies. Further, the company contracts with government agencies to design, host, and operate park reservation services. It serves its clients in New York, New York; Toronto, Canada; Dallas, Texas; and Phoenix, Arizona. The company has strategic alliance with DigitalTown Inc. The company was formerly known as Active.com and changed its name to The Active Network, Inc. in 2001. The Active Network, Inc. was founded in 1998 and is based in San Diego, California with additional offices in Burnaby, Canada; and Sacramento, California.

Yahoo: http://finance.yahoo.com/q/pr?s=ACTV