Smart Technologies Files for $731 Million IPO

Smart Technologies Inc., an Alberta, Canada-based maker of interactive technology productsfor learning and collaboration, has filed for a $730.71 million IPO. It plans to trade on both the Nasdaq and the TSX, with Morgan Stanley, Deutsche Bank and RBC Capital Markets serving as co-lead underwriters.

The company reports $648 million in revenue for the fiscal year ending March 30, 2010, with net income of $142 million. It had a net loss of $106 million on $468 million in revenue during the prior year.

Apax Partners acquired Smart Technologies in 2007. Intel Capital also is listed as a significant shareholder. www.smarttech.com