Velti Prices US IPO

Velti (NASDAQ: VELT), a San Francisco- and Dublin, Ireland-based advertising technology conglomerate, began trading on the Nasdaq exchange on January 28, debuting at $12 per share and raising about $133 million in working capital. Velti—which acquired Palo Alto, CA-based mobile ad exchange Mobclix last October for an undisclosed sum—has been trading on the London Stock Exchange since 2006.

Wade Roush is the producer and host of the podcast Soonish and a contributing editor at Xconomy. Follow @soonishpodcast

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