CUPERTINO, Calif.-Vyyo, a supplier of broadband wireless access systems, last week announced the initial public offering of 6.7 million shares of its common stock at a price of $13.50 per share.
The offering, which is being managed by Banc of America Securities L.L.C., CIBC World Markets Corp., Dain Rauscher Wessels and W.R. Hambrecht+Co. L.L.C., is expected to close today, April 10.