Qad Inc. Goes Public

Enterprise softwaremaker Qad Inc., headquartered in Carpinteria, Calif., issued an initial public offering of shares the first week of August. The company sold 5.75 million shares at $15 apiece.

Analysts say that other enterprise-applications software providers expected to go public this year include J. D. Edwards & Co. in Denver, which already has filed with the SEC for what is expected to be a September offering. Finally, Lawson Software, Minneapolis, also is a likely candidate to go public later this year, according to Bruce Richardson, vice president of Advanced Manufacturing Research in Boston.

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