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Switch and Data Sets IPO Terms

Switch and Data, a Tampa, Fla.-based provider of Internet exchange infrastructure, has set its proposed IPO terms to around 11.67 million common shares being offered at between $14 and $16 per share. It plans to trade on the Nasdaq under ticker symbol SDXC, with Deutsche Banc Securities and Jefferies & Co. serving as co-lead underwriters. Switch and Data shareholders include CapStreet Group, Seaport Capital Partners and Tudor Ventures. www.switchanddata.com