GlassHouse Technologies, an independent IT infrastructure consulting and services firm, has registered with the US Securities and Exchange Commission to file their initial public offering (IPO) in hopes of raising nearly $100 million. All of the shares to be offered will be sold by the company. The numbers of shares to be sold in the proposed offering, and the offering price, have not yet been determined. Accord GlassHouse Technologies, an independent IT infrastructure consulting and services firm, has registered with the US Securities and Exchange Commission to file their initial public offering (IPO) in hopes of raising nearly $100 million. All of the shares to be offered will be sold by the company. The numbers of shares to be sold in the proposed offering, and the offering price, have not yet been determined. According to a filing with the SEC, the company plans to use the money raised in its IPO for operating capital and strategic acquisitions.And speaking of acquisitions, in July 2007 the Framingham, Mass. based company announced that it had acquired Chicago-based server virtualization consulting company, RapidApp. This acquisition gave the company a huge push within the server virtualization market. In addition to server virtualization, the acquisition also extended GlassHouse’s offerings into virtual storage, virtual desktop infrastructure and application delivery and deployment services. Despite the company’s focus on red hot technologies, GlassHouse still reported a net loss of $9.6 million in 2006. However, the company has been able to increase its services revenue from $26 million for the first three quarters of 2006 to over $40 million for the same period in 2007.And with the recently successful acquisitions and IPOs taking place in the virtualization market, GlassHouse may believe that it can successfully ride that wave into a $100 million IPO of its own. Software Development