Switch & Data Raises Almost $200 Million

Switch and Data, a Tampa, Fla.-based provider of Internet exchange infrastructure, priced 11.67 million common shares at $17 per share ($14-$16 range), for an IPO take of approximately $198.39 million. It will trade on the Nasdaq under ticker symbol SDXC, while Deutsche Banc Securities and Jefferies & Co. served as co-lead underwriters. Switch and Data shareholders include CapStreet Group, Seaport Capital Partners and Tudor Ventures. www.switchanddata.com