Synacor (SYNC) is changing hands at $5.85, up 17% from an IPO price of $5. Synacor, whose web...

|About: Synacor (SYNC)|By:, SA News Editor

Synacor (SYNC) is changing hands at $5.85, up 17% from an IPO price of $5. Synacor, whose web portal software powers the TV Everywhere initiatives of cable providers, generated revenue of $62.1M (+29% Y/Y) over the first 9 months of 2011, and net income of $2.2M. The company recently acquired Carbyn, a developer of a cloud-based OS that uses HTML5 technology. (S-1 filing) (previously)