Lernout & Hauspie Speech Products, NV: Financing from Start-up through IPO
In 1995, Lernout & Hauspie Speech Products (L&H) was poised for an Initial Public Offering (IPO) on the NASDAQ, home to industry heavyweights like Microsoft and Intel. If the IPO were to be successful, L&H would be the first Belgian company ever to list on the venerable stock exchange. For L&H, the IPO was a key milestone in its remarkable history. Since … [ Read more ]
Content: Case Study | Authors: Benoit Leleux, Danny Lein, Herwig Langohr | Source: “INSEAD” | Subjects: Entrepreneurship, Finance | Company: Lernout & Hauspie